Jan Wäreby, deputy chief executive of Sony Ericsson, believes that 3G phones will account for more than 25 per cent of sales in Western Europe by the end of the year.
SSAB most profitable steel producer in Europe
SSAB posted a pre-tax profit of SKr 4.8 billion for 2004, up from SKr 1.3 billion in 2003. Turnover rose by 24 per cent to SKr 24.6 billion and with a 25 per cent return on equity, SSAB is now Europe’s most profitable steel producer.
Colleagues back Holmen CEO
Colleagues in heavy industry back Holmen CEO Magnus Hall following his comments in DI on Monday that the government does not take the energy issue seriously (see SPR February 14, Early).
“There is a genuine concern within industry over how we will cope in the future,” says Jan Johansson, Boliden’s chief executive, while Lars Bleck, chief executive of pulp producer Rottneros, does not rule out the possibility of transferring investment abroad.
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