HEAD OF RAMIRENT'S SEGMENT NORWAY TO CHANGE

RAMIRENT PLC COMPANY ANNOUNCEMENT 14 AUGUST 2014 at 09:00


Vantaa, Finland, 2014-08-14 08:00 CEST (GLOBE NEWSWIRE) --  

Bjørn Larsen, Executive Vice President of Ramirent Norway and member of the Group Management Team, has decided to leave his position by mutual agreement, but he will remain working in an advisory capacity reporting directly to Magnus Rosén, President and CEO of Ramirent Group.

Until a successor is appointed, Magnus Rosén, President and CEO of Ramirent Group, will act as interim Managing Director for the Norwegian subsidiary Ramirent AS with effect 14 August 2014.

Bjørn Larsen joined Ramirent in 2011 and has been heading Ramirent’s operations in Norway since then. "While Bjørn remains working in an advisory capacity for Ramirent, I wish to take this opportunity to thank Bjørn for his valuable and committed work leading our Norwegian operation. For the past three years, Bjørn has worked hard implementing our common Ramirent platform and restructuring the Norwegian operations to drive higher group synergies and efficiency. He was instrumental in managing the successful acquisition and integration of our high class modules business bringing us a strong foothold in the oil industry," says Magnus Rosén.


Vantaa, 14 August 2014

RAMIRENT PLC


Magnus Rosén
President and CEO

FURTHER INFORMATION:
Magnus Rosén, President and CEO, Ramirent Group, tel. +358 20 750 2859


DISTRIBUTION:
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www.ramirent.com


Ramirent is More Than Machines. We are a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer business. We serve a broad range of customers, including construction and process industries, services, the public sector and households. In 2013, the Group’s net sales totalled EUR 647 million. The Group has 2,650 employees at 301 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.