Archive for January, 2008

Glitnir CEO: Bank in good condition

Nordic bank Glitnir has published its full year accounts for 2007, reporting stable growth and a 19.3 per cent return on equity despite months of market turmoil.
According to Glitnir Bank’s 2007 results announced this week, the Nordic bank is in a “good position to deal with the situation” following the financial turmoil of the past [...]

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Glitnir bank publishes 2007 results

Nordic corporate and investment bank Glitnir has released its full year results for 2007, saying the bank is in a “good condition to deal with the situation” of unstable markets.
Financial Highlights
* ISK 27.7 billion (EUR 315 m) profit after tax
* 19.3% Return on equity
* Net income increased by 17.2% year-on-year
* Pre-tax profit in Q4 was [...]

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Fujitsu Services in IT deal with Berner

Fujitsu Services in Finland has won a contract to implement a SAP production system for Berner Ltd.
Helsinki (eNewsWire) 29 January 2008 - Fujitsu Services, a leading European IT services provider, has concluded a deal with Finnish company Berner Ltd to expand its existing SAP system to also cover production operations.
Berner, which has four production facilities [...]

Popularity: 14% [?]

Former TopShop brand director completes Whistles management buy-in

Jane Shepherdson, the former Topshop brand director, has concluded a deal with Baugur to purchase Whistles from Mosaic Fashions with immediate effect.
Ms Shepherdson, who becomes CEO, will be joined by Keith Wilks as finance director, and Jo Farrelly as marketing director, to take over the running of the Whistles business through a management buy-in. Both [...]

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IMX celebrates one year anniversary with Midem debut

Iceland Music Export (IMX) is hosting its first stand at the annual music event Midem on the one year anniversary of the organisation’s launch.
Reykjavik (eNewsWire) 28 January 2008 -Iceland Music Export (IMX), a new government initiative to promote Icelandic music abroad, is hosting its very first stand at the Midem music event in France between [...]

Popularity: 10% [?]