In the first eight months of 1991 paper denominated in Swedish krona
had been exported (net) for 33bn kronor, with a particularly large export in May after the krona had been pegged to the ecu (Diagram 10.3).
London-listed Old Mutual had told Skandia - the owner of a sizeable life insurance operation in the UK - that it would be prepared to pay 42 Swedish krona
per share - equivalent to 43 billion Swedish krona
Swedish household products sales and distribution company Empire AB issued a profit warning on Friday (12 December), blaming a combination of high stock levels, weaker demand and a weaker Swedish krona
Earnings were boosted by lower raw material costs and a weaker Swedish krona
, while sales increased on higher volumes and better prices.
The shares were acquired by the minority shareholder Litfole Lenyatsi Ltd for one Swedish krona
The purchase price is one Swedish krona
, but Business Improver Group will also finance a restructuring of the company.
One Swedish krona
(SEK) is worth approximately 0.08 British pounds (GBP).