BTS signs a SEK 4 million strategic agreement with a leading US-based Utility Company
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STOCKHOLM, SWEDEN, Jun 26 (MARKET WIRE) --
BTS signs a SEK 4 million strategic agreement with a leading US-based
Utility Company
Stockholm, Sweden and New York, USA - BTS Group AB (publ), the world's
leading learning and developing company within the segment of business
simulations and discovery based learning, has signed an agreement with
one of the leading Utility companies in the US. The assignments is worth
about USD 540 000 or SEK 4 million and includes both development and
delivery.
This new assignment is targeting 2 700 key people in all parts of the
company and spans 4 years from 2009.
The objective of the initiative is to align key people behind common
strategies, goals and execution capabilities and to implement an
understanding of what drives revenues and profitability in a company.
Furthermore management has identified a need to create awareness of how
the individual's behavior impacts the business and its results "We are
proud that this important and leading company within the US utilities
sector turned to BTS and entrusts us with such an important and
wide-reaching initiative," says Henrik Ekelund, President and CEO of BTS
Group AB. "This is strong evidence of our ability to deliver top quality
projects to one of the world's leading companies and our deep capability
in areas of strategic alignment, business acumen, leadership and
management."
For more information, please contact;
Thomas Ahlerup
Senior Vice President
Investor and Corporate Communications
BTS Group AB
Phone +46-8-5870 7002
Mobile +46-76 800 5755
E-mail thomas.ahlerup@bts.com
About BTS Group AB
BTS partners with leading companies to accelerate change and improve
business results. BTS is the world leader in customized business
simulations and discovery-based learning solutions that enable leading
corporations to grow and become successful through change and improvement
processes. BTS adds value to its clients through three practice areas:
Strategic Alignment & Business Acumen, Leadership & Management, and
Sales. BTS also has strong capabilities in Operational Excellence &
Project Management and offer an innovative Engage for Change process.
BTS has more than 250 highly talented employees serving more than 450
clients including 50 of the US Fortune 100 companies and 27 of the Global
Fortune 100 largest corporations in the world. In 2008 BTS recorded
revenues of SEK 540 millions. Recent selected BTS clients include
Accenture, Ericsson, Kimberly-Clark, Nokia, Sony, Toyota, Unilever and
Xerox.
BTS serves its clients from Stockholm, Helsinki, Oslo, London, Madrid,
Bilbao, Brussels, Johannesburg, Singapore, Beijing, Bangkok, Sydney,
Melbourne, Mexico City, San Francisco, Philadelphia, Stamford, New York,
Chicago and Scottsdale.
BTS is a public company listed on the Swedish Stock Exchange and trades
under the symbol BTS B.
For more information please visit www.bts.com.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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Copyright 2009, Market Wire, All rights reserved.
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