Hellboy 2 on its way

Newsarama reports that Universal Studios picked up the Hellboy 2 project. From Wikipedia's entry on Hellboy: "A sequel to this movie, Hellboy 2, is currently under development by director del Toro, and will feature the returning talents of Perlman, Blair, and Jones. The working title of the sequel is Hellboy 2: The Golden Army. The only plot details given so far have alluded to a shift to more folklore rather than action, with heavy European overtones."