The board of Norske Skog has decided to stop the construction of paper machine 2 at the mill in Brazil. The net cost of stopping the project will be about NOK 450 million (USD 82 million).
Revenue for the technotrans Group reached a new record high of 153.2 (previous year: 151.3) million, which was very close to the revised target of 154 million from November 2007. Growth, however, was lower than originally planned, at only 1.3 percent.
Rise in revenue to 153.2 million / EBIT diminished by R&D and acquisition / net income reaches 9.1 million or 1.33 per share / Shareholders’ Meeting to approve unchanged dividend of 0.70 per share / initially defensive approach in 2008 targets
Board of Management of technotrans AG passes resolution to continue the acquisition of treasury shares.
Presstek, Inc, the leading manufacturer and marketer of digital offset business solutions, announces the appointment of Marcus Goerlitz as Regional Sales Manager for Germany, Austria and Switzerland and of Karl Keller as Service Engineer for its portfolio of DI digital offset presses.
Lighting Science Group Corporation (the “Company”) (BULLETIN BOARD: LSCG) , a leading developer and integrator of energy efficient lighting solutions using LED technology, today announced that Ron Lusk, the Company’s Vice Chairman and a director, has resigned as a director and employee of the Company.
American Israeli Paper Mills Ltd. (AMEX:AIP) (the “Company” or “AIPM”) today reported its financial results for the year ended December 31, 2007. The Company, its subsidiaries and associated companies are referred to hereinafter as the “Group”.
