AF Group Wins Akzo Nobel Assignment.Business Editors STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--Sept. 6, 2000 The AF Group has prevailed over fierce competition to secure the assignment to plan a new production line for Akzo Nobel's operations in Ornskoldsvik, in the north-east of Sweden. The project will extend to 12,000 consulting hours and will require the skills and expertise of around 15 AF Group consultants within the fields of process technology, IT, and electrical, mechanical and HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free engineering. The short project time, together with the use of new technology places great demands on the consulting engineers. One of the motivations for selecting the AF Group for this exacting assignment was the fact that the company can offer a complete full-service solution. Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. has 68,000 employees and operations in 75 countries. The company supplies its customers with pharmaceuticals, paints, coatings and chemicals. The Akzo Nobel Group's revenues for 1999 (excluding the Acordis company) amounted to approximately SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 110 billion. Acordis, formerly responsible for fibres within the Akzo Nobel product portfolio, was sold to CVC Capital Partners CVC Capital Partners is a European private equity firm. CVC was founded in 1981 as the European private equity arm of Citigroup, but after a buyout in 1993 it is owned by its management. In 1999, CVC established CVC Asia Pacific, which is a joint venture with Citigroup. at the end of 1999 AB ANGPANNEFORENINGEN Corporate Information ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se ----------------- The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2000/09/06/20000906BIT00150/bit0001.doc http://www.bit.se/bitonline/2000/09/06/20000906BIT00150/bit0002.pdf ------------------------------------------------------------------- |
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