Espoo, Finland, 2015-01-29 12:00 CET (GLOBE NEWSWIRE) --
EFORE PLC Stock Exchange Release 29 January, 2015 at 1 p.m.
The Board of Directors of Efore Plc appointed 22nd of December 2014 Heikki Viika as the President and CEO of Efore Plc. Heikki will start in the position 1st of June 2015.
As announced in October 2014, Efore’s current CEO Vesa Vähämöttönen will leave the company at the end of February 2015. Efore Plc CFO and member of the Executive Management Team Riitta Järnstedt has been appointed as acting President and CEO of the company starting 1st of March 2015.
EFORE PLC
Board of Directors
For further information please contact Mrs. Päivi Marttila, Chairman of the Board of Directors on 29 January 2015 at 3-4 p.m. tel. +358 400 285 358.
DISTRIBUTION
Nasdaq OMX Helsinki Oy
Principal media
Efore Group
Efore Group is an international company which develops and produces demanding power products. Efore's head office is based in Finland and its production units are located in China and Tunis. Sales and marketing operations are located in Europe, United States and China. In the fiscal year ending in December 2013, consolidated net sales totalled EUR 82.5 million and the Group's personnel averaged 836. The company's share is quoted on the Nasdaq OMX Helsinki Ltd. www.efore.com