LEMMINKÄINEN CORPORATION INVESTOR NEWS 21 JANUARY 2012 AT 11 A.M.
TIMO VIKSTRÖM APPOINTED MANAGING DIRECTOR OF LEMMINKÄINEN NORGE A/S
Timo Vikström, M.Sc., eMBA, has been appointed Managing Director of Lemminkäinen Norge A/S in Oslo, Norway. The decision was reached in good cooperation with the current Managing Director, Finn Halvor Skaardal, who will continue as Deputy Managing Director. Vikström's most important target is to get Norwegian operations back into the profitable growth track after a disappointing 2012 and complete the integration of the acquired Mesta Industri.
Timo Vikström joined Lemminkäinen in 2001. Since 2009, he has been responsible for the Scandinavian paving business. In addition to his new assignment, Vikström will continue as the member of the Executive Team in the International Operations business segment, who is responsible also for the paving business in Denmark and Sweden.
Executive Vice President, International Operations business segment
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Lemminkäinen Group operates in all areas of the construction sector. The Group's operations are organised into four business segments: building construction, infrastructure construction, technical building services and international operations. Net sales in 2011 were about EUR 2.2 billion, of which international operations accounted for roughly a third. The Group employs 8,000 people on average. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com