Birka Energi Acquires Energy Securities Europe AB And Forms New Unit for Financial Trading in Energy.Business Editors STOCKHOLM--(BUSINESS WIRE)--April 4, 2000 Birka Energi AB is increasing its ownership of Energy Securities Europe Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). AB (Ensec) to 91 per cent and merging the company with Birka Energi's own financial energy trading and portfolio management to form a new operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Birka Energy Securities AB. The acquisition is conditional upon the approval of the Swedish Monopolies and Mergers Commission. "This financial energy trading will quickly increase in scope and significance, and with the new company, we can offer Birka's and Ensec's customers significantly greater resources and a wider range of services", says Tomas Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. , MD and Group Chief of Birka Energi. The purpose of the new company is to develop and run financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. such as energy trading, portfolio management, advice, risk management and administration. The services are offered to both Birka Energi's own players and external customers. Ensec's current MD, Per-Olof Granstrom, will remain in his post. Please visit http://www.bit.se for further information 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/2000/04/04/20000404BIT00790/bit0001.doc http://www.bit.se/bitonline/2000/04/04/20000404BIT00790/bit0002.pdf |
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