Sweden's Ericsson Says 2005 Sales in Russia at 4.554 Bln Kronor

MOSCOW, April 27 (Prime-Tass) -- The Russian sales of Sweden-based telecommunications equipment producer and supplier Ericsson amounted to 4.554 billion Swedish kronor in 2005, the company said in a press release Thursday.

The company said in 2005 that its sales in Russia stood at U.S. $540.24 million in 2004.

The company?s sales in Russia in 2005 accounted for 3% of the company?s global sales, which totaled 151.8 billion Swedish kronor, the company said, adding that in 2005, Russia was among the company?s top ten markets.

Ericsson is a world-leading provider of telecommunications equipment and related services to mobile and fixed network operators globally.

(7.43 Swedish kronor - U.S. $1)

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Posted to the site on 27th April 2006