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Adera to Close Office in Copenhagen.


Business Editors

STOCKHOLM, Sweden--(BUSINESS WIRE)--May 31, 2001

As part of the process of adjusting to changed market conditions, Adera has decided to close its operations in Copenhagen.

The decision affects 23 employees where the majority are working with Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 related businesses.

"The market for webb services in Copenhagen is subject to very competitive pricing. This makes it hard to make the office profitable in foreseeable fore·see  
tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees
To see or know beforehand: foresaw the rapid increase in unemployment.
 time," says Adera's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Rolf Jansson.

Ongoing projects will be finalized See finalization.  in Copenhagen, while the responsibility for long term customer relations are transferred to other Adera offices.

For more information, visit our web site at: www.aderagroup.com

Adera AB (publ) focuses on generating business benefits for its customers by bringing together the skills crucial to successful competition in the new world of business logic. These include strategy/business development, marketing/communication and IT/Internet expertise. Adera currently employs 440 people and has offices in Gothenburg, Stockholm, Ljungby, Varnamo, Malmo, London, Antwerp and Amsterdam. The company's shares are listed on the O list of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. .

------------------------------------------------------------ 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/2001/05/31/20010531BIT01190/bit0001.doc http://www.bit.se/bitonline/2001/05/31/20010531BIT01190/bit0002.pdf
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Publication:Business Wire
Date:May 31, 2001
Words:216
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