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2011-12-19 12:00:00 CET 2011-12-19 12:00:07 CET REGULATED INFORMATION Cramo Oyj - Changes board/management/auditorsChange in Cramo’s managementVantaa, Finland, 2011-12-19 12:00 CET (GLOBE NEWSWIRE) -- Cramo Plc Stock Exchange Release 19 December 2011, at 1.00 pm (EET) Change in Cramo's management Mr Finn Løkken, Managing Director of Cramo Norway AS and Senior Vice President in the Cramo Group Management team, has informed that he will resign from his position to pursue career opportunities outside the rental industry. Mr Løkken will remain in his current position until a successor has been appointed, however, no longer than until June 2012. “Since Finn joined Cramo in 2003, his contribution to develop Cramo from a small player in the Norwegian equipment rental industry into one of the country's leading and most progressive rental companies cannot be overestimated”, says Mr Vesa Koivula, CEO of the Cramo Group. “In 2009, Finn was appointed a member of Group management team, where his commitment and experience have also been an asset for the Cramo Group as a whole. We wish him the best of luck in his new career.” CRAMO PLC Vesa Koivula President and CEO Further information Vesa Koivula, President and CEO, tel: +358 40 510 5710 Distribution NASDAQ OMX Helsinki Ltd. Major media www.cramo.com Cramo is Europe's second largest rental services company specialising in construction machinery and equipment rental and rental-related services, as well as the rental and sale of modular space. Cramo operates in fifteen countries with approximately 400 depots. With a group staff close to 2.400, Cramo's consolidated sales in 2010 was EUR 500 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd. Further information: www.cramo.com |
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