Etteplan streamlines its operational structure to boost organic growth
STOCK EXCHANGE RELEASE, ETTEPLAN OYJ, JANUARY 31, 2011, AT 02:00 P.M.
Etteplan streamlines its operational structure to boost organic growth
Etteplan’s operational structure is streamlined to correspond even better with the opportunities offered by operating environment. The business is organised, as of February 1, 2011, in a way that production of design services is combined into one entity, Etteplan Operations.
Etteplan’s design services continue to include two service portfolios: expertise services and operational services. Expertise services aim to improve competitiveness of customers' products by offering flexibly special technical competence that represents field's best development and experience. The aim of operational services is to increase efficiency of customers' technical design and product information as well as to release customer organisation’s resources to its own core business. The service portfolios received good reception from customers and Etteplan continues to offer and productize services according to this service division.
In context of the organisational change the following Management Group appointments and changes have been made in Etteplan:
Juha Näkki has been appointed as Vice President, Etteplan Operations.
Niclas Gräns has been appointed as Vice President, Partner Network.
An agreement has been made with Pia Björk, Vice President, Operations Development that her employment in the company will end as the operations of Operations Development -unit end.
As of February 1, 2011 Etteplan Oyj’s Management Group consists of Matti Hyytiäinen, President and CEO; Niclas Gräns, Vice President, Partner Network; Per-Anders Gådin, CFO; Peter Jahn, Vice President, Etteplan Enterprise Solutions; Outi-Maria Liedes, Vice President, HR & Communications and Juha Näkki, Vice President, Etteplan Operations.
Hollola, January 31, 2011
Etteplan Oyj
Group Communications
Additional information:
President and CEO Matti Hyytiäinen, tel. +358 400 710 968
DISTRIBUTION:
NASDAQ OMX Helsinki
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www.etteplan.com
Etteplan is a specialist in industrial equipment engineering and technical product information solutions and services. Our customers are global leaders in their fields and operate in areas like the automotive, aerospace and defence industries as well as the electricity generation and power transmission sectors, and material flow management.
Etteplan has comprehensive competence in electronics and embedded systems development, automation and electrical design, mechanical design and technical product information solutions and services.
In 2009, Etteplan had turnover of EUR 98.7 million. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.