Change in Cramo’s management Vantaa, Finland, 2015-04-28

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Change in Cramo’s management

Vantaa, Finland, 2015-04-28 13:45 CEST (GLOBE NEWSWIRE) -- Cramo Plc   Stock Exchange Release 28 April 2015 at 2.45 (EET)

Change in Cramo’s management

Mr Göran Carlson has been appointed Managing Director of Cramo AB in Sweden and Senior Executive Vice President, Cramo Scandinavia and member of Cramo’s Group Management team. His assignment will commence on 1 June 2015.

Mr Carlson has recently held a position as Executive Board Member of Pon Holdings BV and CEO of Pon Power & Equipment in the Netherlands, but he has previously been employed by Cramo Group. Mr Carlson joined Cramo as CEO in 2005. When Cramo was acquired by the Finnish rental Group Rakentajain Konevuokraamo in 2006, Mr Carlson was appointed Deputy CEO in the new Group, which later changed its name to Cramo.

“Mr Carlson has a genuine understanding of our business and has maintained good personal relationships with many of Cramo’s key people as well as with many of our key customers since he left Cramo two years ago. Thus we are able to secure smooth continuity in the business operations” says Vesa Koivula, President and CEO of Cramo Group.

“I look forward to working at Cramo again”, says Mr Göran Carlson. “The timing is good from my personal perspective and I know that Cramo has a professional, well-working organisation in place to benefit from the relatively strong market situation in Scandinavia, and particularly in Sweden”.

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 of modular space. Cramo operates in fifteen countries with 330 depots. With a group staff around 2.500, Cramo's consolidated sales in 2014 was EUR 652 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd.

    

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