Change in Cramo Group management team Vantaa, Finl

Vantaa, Finland, 2017-04-04 08:00 CEST (GLOBE NEWSWIRE) -- Cramo Plc     Stock Exchange Release 4 April, 2017 at 9.00 am (EET)

Change in Cramo Group management team

Mr Petri Moksén, Senior Vice President, Modular Space and member of the Cramo Group management team will leave the company with immediate effect to pursue opportunities outside the Cramo Group. Ms Camilla Hensäter, Managing Director of Cramo Adapteo AB, will take over as interim until a permanent replacement is found.

Mr Petri Moksén has been employed by Cramo since 2008 and has been a member of the Group management team since 2013. Most recently, Mr Moksén held the position as Senior Vice President, Modular Space, being responsible for the business division across Europe.

“Petri Moksén’s contribution to Cramo’s development has been significant. He leaves a strong base to further build upon driving Cramo’s growth in the coming years. We wish Petri the best of luck in the future”, says Mr Leif Gustafsson.

CRAMO PLC

Leif Gustafsson President and CEO

Further information:

Mr Leif Gustafsson, President and CEO, tel: +358 10 661 10 Mr Mattias Rådström, SVP, Communications, Marketing and Investor Relations, tel: +46 70 868 7045

Distribution:

Nasdaq Helsinki Ltd. Major media www.cramogroup.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 and in about 320 depots. With a group staff around 2,600, Cramo's consolidated sales in 2016 was EUR 712 million. Cramo shares are listed on Nasdaq Helsinki Ltd.

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