Record for Scania in Austria; 450 Trucks in the Largest Order to Date.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)--Nov. 8, 2001 Scania's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Scania Osterreich has signed its largest contract to date: Interliner Transporte & Spedition has ordered 450 Scania trucks in one order for its growing European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. traffic. Most of them will be equipped with Scania's new 16-litre V8 engine. Interliner has bought almost 200 trucks from Scania in recent years. Commenting on this contract and Interliner's expansion, Scania Osterreich says the deciding factor was that Scania is able to offer full-coverage Pan-European service. "This order is particularly important, not only for Scania Osterreich but also for the whole of Scania's European service organisation," says Hakan Sundstrom, Managing Director of Scania Osterreich. "At the same time, it is also interesting to note, this is the largest single contract that Scania has ever signed with a customer in Austria." Besides Scania's V8 engines, the new trucks will also be equipped with the new 12-litre 6-cylinder turbocompound engine with 470 hp. About 90 percent of the vehicles will be tractor units A tractor unit, traction unit, road tractor or prime mover (Australian English) is a heavy-duty vehicle, usually with a large diesel engine and two or three axles. and will be used on Interliner's long-distance routes. The remainder will be equipped for various types of special transport. Interliner's base is located at Ried in Traunkreis in Oberosterreich. Deliveries to Interliner start directly after the turn of the year and will continue over a period of four years. Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 26,900 employees and production facilities in Europe and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Scania is one of the most profitable companies in its sector. In 2000, turnover totalled 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. 53,800 million and the result after financial items was SEK 4,500 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden. Scania press releases are available on the 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 , www.scania.com Note to Editors: This press release is also accessible online at www.Waymaker.net. |
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