VARNAMO, Sweden, April 21, 2004 (PRIMEZONE) -- Finnveden is serving notice of termination to 19 employees at its production unit in Vansbro due to capacity realignment and additional efficiency enhancement measures.
Finnveden is an international engineering group, with strong market positions in the automotive industry. Products include fasteners, engine components and structural components. Finnveden is listed on Stockholmsborsen (Stockholm Exchange) and has annual sales of about SEK 4,6 billion, with 3,200 employees. Additional information is available on Finnveden's website: www.finnveden.com
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The following files are available for download:
http://www.waymaker.net/bitonline/2004/04/21/20040421BIT00790/wkr0001.doc
http://www.waymaker.net/bitonline/2004/04/21/20040421BIT00790/wkr0002.pdf
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CONMTACT: Finnveden AB (publ)
Tommy Boork, CEO
+46 31 734 59 10