LINKOPING, Sweden, April 27, 2004 (PRIMEZONE) -- AerotechTelub is to shed 90 personnel. The reductions effect 50 personnel in Arboga and 30 in Linkoping.
The move comes following reduced orders from defence and industry customers, while older materiel systems are also being phased out.
The reductions will also affect a few employees at other locations within the company.
AerotechTelub is a service company which offers qualified technical services, maintenance and customer-adapted system solutions within information technology, electronics and aviation technology for the military and civil defence, government departments and public authorities as well as selected sectors of trade and industry.
AerotechTelub, a company in the Saab Group, has 2,100 employees and net sales of approximately SEK 2.1 billion.
Saab is one of the world's leading high-technology companies, with its main operations focusing on defence, aviation and space. The group covers a broad spectrum of competence and capabilities in systems integration.
For further information please contact: Soren Bjork, Human Resources Manager, AerotechTelub Tel: +46 (0)589-830 84 Cell +46 (0)730 66 66 93
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http://www.waymaker.net/bitonline/2004/04/27/20040427BIT01210/wkr0001.doc
http://www.waymaker.net/bitonline/2004/04/27/20040427BIT01210/wkr0002.pdf