Ramirent - Changes board/management/auditors

CHANGES IN RAMIRENT’S MANAGEMENT STRUCTURE

RAMIRENT PLC        COMPANY ANNOUNCEMENT     23 JANUARY 2015  at 9:00

Vantaa, Finland, 2015-01-23 08:00 CET (GLOBE NEWSWIRE) -- 




Ramirent will renew its management structure as of 23 January 2015. Target of
the reorganisation is to strengthen Ramirent's capability to execute the
company's strategy and increase synergies through a more integrated management
structure. In the new structure, Ramirent's operating segments are organised
under two market areas Scandinavia and North Central Europe. The changes do not
affect Ramirent's financial reporting structure. Ramirent will continue to
report financial results by operating segments Finland, Sweden, Norway,
Denmark, Europe East and Europe Central. 

“With the new management structure, we can accelerate the execution of the
group strategy and we also see that we can find better synergies between the
businesses,” says Magnus Rosén, President and CEO of Ramirent. 

The main changes are as follows:
- President and CEO Magnus Rosén will also head the Scandinavia market area
which covers the operating segments Sweden, Denmark and Norway. 
- Anna Hyvönen, currently heading Finland and Baltic, is appointed Executive
Vice President, North Central Europe which covers the operating segments
Finland, Europe East and Europe Central. 

Other Executive Management Team (EMT) members are Jonas Söderkvist, Chief
Financial Officer and EVP, Corporate Functions and Dino Leistenschneider, EVP,
Sourcing and Fleet Management. The Group Management Team comprises, in addition
to EMT, the following members: Erik Alteryd, SVP, Sweden and Denmark; Øyvind
Emblem, SVP, Norway (1 April 2015); Heiki Onton, SVP, Baltic; Mikael Kämpe,
SVP, Europe Central; Franciska Janzon, SVP, Marketing, Communications, IR;
Peggy Hansson, SVP, Human Resources, Health and Safety and Mats Munkhammar, SVP
and CIO. 

FURTHER INFORMATION
Magnus Rosén, President and CEO, tel. +358 20 750 2845
Jonas Söderkvist, CFO and EVP Corporate Functions, tel. +358 20 750 3248


DISTRIBUTION:
NASDAQ OMX Helsinki
Main news media
www.ramirent.com

Ramirent is More Than Machines™. We are a leading rental equipment group
combining the best equipment, services and know-how into rental solutions that
simplify customer business. We serve a broad range of customers, including
construction and process industries, services, the public sector and
households. In 2013, Group sales totalled EUR 647 million. The Group has 2,600
employees at 302 customer centres in 10 countries in the Nordic countries and
in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki
Ltd.