June 16, 2011

NASDAQ OMX (NASDAQ:NDAQ) announced that Concentric AB (short name: COIC), a mid cap company within the Industrials sector, today starts trading of its shares on the main market of NASDAQ OMX Stockholm. Concentric AB is the former Hydraulics Division of Haldex AB (short name: HLDX) and as of today a separately listed company.

Concentric produces and sells a range of products based on its core technical competence in pumps, to OEMs (Original Equipment Manufacturers). The main products are oil pumps, water pumps, fuel transfer pumps and hydraulic pumps. Concentric’s solutions allow its global customers to achieve goals on fuel economy, emissions reduction and noise control. Read more about Concentric AB »


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