Leadership Transition at Nordic Fibreboard AS's Subsidiary
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Leadership Changes at Pärnu Riverside Development OÜ
Recently, significant changes have occurred within the board of Pärnu Riverside Development OÜ, a subsidiary of Nordic Fibreboard AS. The company has appointed Alo Nõmmik as a new member of the board, marking a pivotal moment for both the subsidiary and its parent company.
Profile of Alo Nõmmik
Alo Nõmmik brings extensive experience to his new role, having joined the Trigon Capital group in May 2024 as the Head of Real Estate Development. His impressive background includes leadership positions, such as serving as the CEO of Kaamos Ehitus OÜ, where he oversaw significant construction projects. Additionally, he contributed his expertise as the construction and real estate director at AS Restor, a testament to his profound understanding of the industry.
His educational credentials include a degree in construction engineering from Tallinn University of Technology (TalTech). Since beginning his career in 1993, Alo has been deeply involved in real estate development and construction, both locally and internationally. His diverse experience enhances the strategic direction of Pärnu Riverside Development OÜ, positioning the subsidiary for growth and innovation.
Details on Recent Management Changes
Along with Nõmmik's appointment, Nordic Fibreboard AS has recalled Enel Äkke from the board. His term is set to conclude at the end of September 2024, making way for new leadership approaches that align with the company’s vision and goals.
About Pärnu Riverside Development OÜ
Pärnu Riverside Development OÜ is a vital subsidiary of Nordic Fibreboard AS. The company is actively involved in managing and owning real estate, contributing significantly to the local market dynamics. Located at Suur-Jõe 48 in Pärnu, the subsidiary focuses on enhancing its real estate portfolio and fostering development opportunities that reflect the evolving needs of the community.
Contact Information
For inquiries regarding the recent management changes or any related matters, feel free to reach out to Enel Äkke, Member of the Management Board, at group@nordicfibreboard.com.
Frequently Asked Questions
What prompted the management changes at Pärnu Riverside Development OÜ?
The management changes are part of a strategic shift within Nordic Fibreboard AS, aimed at realigning its leadership to meet current market demands.
Who is Alo Nõmmik?
Alo Nõmmik is the newly appointed member of the board at Pärnu Riverside Development OÜ, with a rich background in real estate development and construction.
What is the role of Pärnu Riverside Development OÜ?
Pärnu Riverside Development OÜ is involved in managing and owning real estate, contributing to the local economy and community development.
What will happen to Enel Äkke after his recall?
Enel Äkke's term is set to end, and he will no longer serve on the board effective September 30, 2024.
How does the leadership change affect Nordic Fibreboard AS?
The changes are aimed at fostering growth and innovation within the subsidiary, which could have a positive impact on the overall operations of Nordic Fibreboard AS.
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