|
|||
2010-10-28 07:30:00 CEST 2010-10-28 07:30:02 CEST REGULATED INFORMATION Proha - Company AnnouncementPROHA CHANGES ITS GICS CLASSIFICATION TO INDUSTRIALSProha Plc Stock Exchange Bulletin October 28, 2010 at 8.30 a.m. PROHA CHANGES ITS GICS CLASSIFICATION TO INDUSTRIALS Proha's category of the Global Industry Classification Standard (GICS) will change on November 1, 2010. The Group's new sector is Industrials and the new sub-industry code is 20202020 (Research and Consulting Services). Proha applied to change its prior sector from Information Technology to Industrials, because about 90% of the Group's net sales is generated by the Oil& Gas Services division. The division consists of Dovre companies providing professionals and services for large investment projects in the oil and gas industry worldwide. Dovre Group's top professionals work for global oil and gas companies in various disciplines. Proha's Software Solutions division, which includes Safran and Camako, continues to offer enterprise level project management consulting and software in the Nordic countries. This division represents about 10% of Proha's turnover. “Dovre Group is the recognized partner with major energy companies in their large investment projects. Dovre Group has extensive frame agreements with global energy companies and our professionals work in projects worldwide. According to the GICS classification used by NASDAQ OMX, the Industrials sector better represents our core business than the prior sector,” informs Ilkka Toivola, CEO. PROHA PLC www.proha.com More information: Maija Julin Group Administration and Communication Tel. +358 (0)20 436 2000 maija.julin@proha.com DISTRIBUTION: NASDAQ OMX Helsinki Ltd. Major media |
|||
|