Change to Ovako’s board of directors
Ovako today announced that Nizar Ghoussaini at his own request is resigning his seat as a director on Ovako’s board of directors as of December 31, 2017.
"We wish to express our gratitude to Nizar who through his industrial experience and expertise has provided important knowledge to Ovako's board," said Joakim Olsson, chairman of the board.
As of December 31, 2017, Ovako's board of directors will consist of Joakim Olsson (Chairman), Martin Ivert, Johan Pernvi, Sakari Tamminen and Ingalill Östman, as well as employee representatives Robert Nilsson and Timo Viiperi.
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About Ovako
Ovako develops high-tech steel solutions for, and in cooperation with, its customers in the bearing, transport and manufacturing industries. Our steel makes our customers’ end products more resilient and extends their useful life, ultimately resulting in smarter, more energy-efficient and more environmentally friendly products.
Our production is based on recycled scrap and includes steel in the form of bar, tube, ring and components. Ovako is represented in more than 30 countries and has sales offices in Europe, North America and Asia. Ovako’s sales in 2016 amounted to EUR 781 million, and the company had around 2,800 employees at year-end. For more information, please visit us at www.ovako.com.
Further information can be obtained from:
| Media relations | Investor relations |
| Oskar Bosson, Head of Group Communications | Stina Thorman, Head of Investor Relations |
| Telephone: +46 704 10 71 80 | Telephone: +46 700 84 49 52 |
| E-mail: oskar.bosson@ovako.com | E-mail: stina.thorman@ovako.com |
The information was submitted for publication through the agency of the contact person above at 07:30 CET on December 22, 2017.