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Alfa Laval Wins SEK 65 Million Energy-Efficiency Order In Middle East

2014-01-27 03:37:35| chemicalonline News Articles

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Alfa Laval Packinox heat exchangers to an integrated refinery-petrochemical complex in the Middle East. The order, booked in the Process Industry segment, is worth approximately SEK 65 million and delivery is scheduled for 2014 and 2015

Tags: order east middle million

 

TeliaSonera to take SEK 2.5 bln in charges in Q4

2014-01-16 09:08:00| Telecompaper Headlines

(Telecompaper) TeliaSonera announced it will take one-time charges totaling SEK 2.524 billion for the fourth quarter of 2013. This includes SEK 2.331 billion in non-cash write-downs, primarily of goodwill and obsolete IT platforms. The goodwill writedown comes mainly at its Danish and Lithuanian activities, where charges total SEK 1.168 million. Another SEK 598 million impairment charge relates to the operations acquired in Kazakhstan in January 2013, which are expected to take longer to employ due to the lack of a 4G licence. The IT charges are a result of the new operating structure announced by the company in December. Combined with a general IT structure review, obsolete systems and platforms with a total book value of SEK 565 million will be scrapped or written down. The company also noted that annual costs for redundancies will be slightly less than previously forecast at just over SEK 1.2 billion, while the gain from selling towers in Spain will also be less than expected. TeliaSonera's Spanish subsidiary Yoigo has sold fewer towers than expected to Abertis Telecom, reducing the sale proceeds to around EUR 40-50 million (circa SEK 350-440 million). The transaction was partly finalized in the fourth quarter of 2013 with a positive cash flow impact of SEK 230 million and net gain of SEK 179 million. Finally, due to four major storms in Sweden at the end of 2013, extra maintenance costs for fault handling will impact the Broadband Services Sweden unit in the fourth quarter of 2013 by SEK 143 million.

Tags: in charges sek q4

 
 

Agrokultura disposal of Kaliningrad holdings to generate SEK 100 million of cash flow

2013-12-24 07:29:06| Appliances - Topix.net

Agrokultura AB , the owner and operator of farmland with agricultural operations in Russia and Ukraine announces it has agreed the sale of its Kaliningrad operations which will further refocus its business and deliver additional liquidity to the Company.

Tags: million cash flow generate

 

Trustbuddy on Track to Meet the Expected Additional 400M Sek P2P Lending Capital

2013-11-25 12:59:47| Appliances - Topix.net

TrustBuddy announced yesterday to have acquired non-organic P2P funding of approximately 110m SEK .

Tags: additional meet track capital

 

Balder acquires residential properties for SEK 2,000 million and...

2013-09-20 08:10:27| Appliances - Topix.net

Balder acquires residential properties for SEK 2,000 million and issues preference shares of up to SEK 1,152 million NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE ... (more)

Tags: million properties residential sek

 

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