BasEl i Sverige AB: Magnus Hall Appointed New Chairman of the Board of BasEl.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 Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula. -- Regulatory News: Magnus Hall, 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. of Holmen AB, has been appointed new Chairman of the Board of BasEl AB. Magnus Hall replaces Jan Johansson, soon to take office as CEO of SCA (Single Connector Attachment) An 80-pin plug and socket used to connect peripherals. With a SCSI drive, it rolls three cables (power, data channel and ID configuration) into one connector for fast installation and removal. AB. BasEl AB BasEl was formed in June 2005 by a number of electricity-intensive companies primarily active in the forestry, steel, chemical and mining industries and operating in Sweden and abroad. BasEl's aim is to safeguard the interests of these companies and of Sweden's basic industry in terms of a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. , stable and competitive electricity supply. BasEl focuses on tangible projects aimed at boosting the supply of competitively priced electricity in Nordpol's markets. These projects may involve both electricity generation, in Sweden and abroad, and electricity transmission capacity. At the initial stage, BasEl's objective is to boost the electricity supply in the Swedish market by approximately 10 terawatthours per year. This information was brought to you by Cision http://newsroom.cision.com |
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