New business unit manager for Norema

Kai Sjövold (45) has been appointed as the new Business Unit Manager for Nobia's Norwegian business unit Norema.

He has extensive experience of working in the fields of marketing and sales. He joins the company from furniture company Kinnarps where he was President of the Norwegian business. He previously held the same position at office furniture company Hov+Dokka and Ifö Sanitär.
 
Kai Sjövold has an MBA from the Oslo Business School , and he will take up his position on 9 August. 
 
Peter Petersson, who alongside his ordinary duties is currently the acting Business Unit Manager at Norema, will return to his duties as Vice President Operations, Business Development at Nobia on 9 August. 
 
Nobia AB
8 June 2004
 
 
For further information please contact:
Fredrik Cappelen, President and CEO, Tel: +46 8 440 16 00
 

Nobia is Europe's leading kitchen interiors company. The Group operates in a number of European markets under strong brand names. Nobia's own specialist kitchen stores and franchise stores are responsible for most of the Group's sales. Nobia is leading the consolidation of the European kitchen market and creating profitable growth by making efficiency improvements and acquisitions, taking and industrial approach. The Group had sales of SEK 9.3 billion in 2003 and has around 6,200 employees. Nobia is listed on the Attract40 segment of Stockholmbörsen's O-list. <!-- hugin-supplied --><br> <!-- hugin-supplied --><br> Gower - HTH - Invita - Magnet - Marbodal - Myresjökök - Norema - Novart - Optifit - Poggenpohl - Pronorm - Sigdal <!-- hugin-supplied --><br> <!-- hugin-supplied --><br> Nobia AB, Box 70376, SE-107 24 Stockholm, Sweden. Tel: +46 8 440 16 00, fax: +46 8 440 16 20

About Us

Nobia develops and sells kitchens through some twenty strong brands in Europe, including Magnet in the UK; HTH, Norema, Sigdal, Invita and Marbodal in Scandinavia; Petra and A la Carte in Finland; ewe, FM and Intuo in Austria, as well as Poggenpohl globally. Nobia generates profitability by combining economies of scale with attractive kitchen offerings. The Group has approximately 6,400 employees and net sales of about SEK 12 billion in 2014. The Nobia share is listed on the NASDAQ Stockholm under the ticker NOBI. Website: www.nobia.com.

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