Glaston Oyj Abp - Company Announcement

Glaston’s President & CEO transfers to Asia for one and a half years

Helsinki, Finland, 2014-12-04 17:00 CET (GLOBE NEWSWIRE) -- GLASTON CORPORATION
         STOCK EXCHANGE RELEASE             4.12.2014 at 18.00 


Glaston's President & CEO transfers to Asia for one and a half years

Glaston Corporation's President & CEO Arto Metsänen will transfer to Asia on 1
January 2015 for around one and a half years to promote the company's growth in
Asia and especially in the areas outside of China and to promote the company's
development projects in the Pacific region. The President & CEO's temporary
transfer to Asia will not affect the company's operational structure or head
office functions in Helsinki. 

“The significance of the Asia-Pacific market will grow in the coming years and,
as living standards rise, demand for demanding glass solutions will grow. As
the importance of Asia increases, we are also seeking to invest further in more
customer-oriented business development. We want to understand our customers'
needs and plans better.The Asia-Pacific region also offers many new growth
opportunities,” says President & CEO Arto Metsänen. 

Region Asia accounted for 22% of Glaston's net sales in 2013. At the end of
2013, Glaston had approximately 200 employees in Asia. The company has sales
offices in Singapore and Shanghai as well as an assembly plant in Tianjin
(China). Work on extending the Tianjin plant is under way and the extension is
expected to be completed in autumn 2015. Further information:
Glaston Corporation
Arto Metsänen, President & CEO, tel: +358 10 500 500





GLASTON CORPORATION
Agneta Selroos
Director, Communications and Marketing
tel: +358 40 7453 737






Glaston Corporation
Glaston is a global company developing glass processing technology for
architectural, solar, appliance and automotive applications. Our product
portfolio ranges from pre-processing and safety glass machines to services. We
are dedicated to our customers' continued success and provide services for all
glass processing needs with a lifecycle-long commitment in mind. Further
information is available at www.glaston.net. Glaston's share (GLA1V) is listed
on the NASDAQ OMX Helsinki Small Cap List. 

Distribution: NASDAQ OMX Helsinki, key media, www.glaston.net