STOCKHOLM, Sweden, Feb. 25, 2002 (PRIMEZONE) -- Hakan Sundstrom, 49, has been appointed Senior Vice President, Scania Group Management (NYSE:SCVA) with effect from 1 April. He will be responsible for the Scania Commercial System, which is a strategic management resource for Scania's sales and service organisation.
The Scania Commercial System owns and embraces all of Scania's sales and service companies, with the exception of those in South America. In his new role, Hakan Sundstrom, who has served as MD of Scania Osterreich since 1988, will be responsible for the development, coordination and implementation of common working practices in Scania's commercial operations.
Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 28,300 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 2001, turnover totalled SEK 53,000 million and the result after financial items was SEK 1,500 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden.
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