Successful Norwegian Reitan Manager becomes CEO for Finland R-kioski

In March Reitan Service Handel (RSH) acquired R-kioski in Finland, R-kiosk in Estonia and R-kiosk and Lietuvos Spauda in Lithuania, and Friday last week the European Commission approved the purchase. Magnus Reitan now sends the man who managed to turn the business in Sweden from minus to plus, to the role as CEO of R-kioski in Finland.

- R-kioski in Finland is a very important market for us. Johannes Sangnes (55) has done a very good job as CEO of RSH Sweden from 2004 to 2008 and for RSH Norway over the last three years, so I'm very happy that he has accepted this new role. I look forward to the future in this new market, says owner and CEO of Reitan Servicehandel, Magnus Reitan.

Johannes Sangnes takes over as CEO of the R-kioski in Finland already today, when he and Magnus Reitan travel to Finland to inform the management and employees in the R-kioski administration in Finland. The new CEO will focus on getting to know the staff and the Finnish market.

Johannes Sangnes took over management of Pressbyrån and 7-Eleven Sweden in 2004. The company then had challenges on several levels, both in terms of performance, relations with the franchisees and the composition of the people in the company. During the time Sangnes led the company, he achieved 34 percent comparable growth, doubling the franchisees results, got the award “Best Franchise System in Sweden” and received several awards, including economical AAA rating.

During Sangnes' leadership in Norway over the last three years, Reitan Servicehandel Norway has increased its market share, has had a strong decrease in sick leave, gotten even more satisfied franchisees and highly satisfied employees. The Norwegian chain Narvesen became for the very first time bigger than Statoil in the Norwegian market. Reitan Servicehandel was as part of the Reitan Group voted the third best work place in Norway by the Great Place to Work Institute, and is also nominated in the European final in Berlin in June.


For more information:
Communications Director, Reitan Group, Solfrid Flateby, phone: +47 900 35 897

About Reitan Servicehandel:
Reitan Servicehandel (RSH) comprises Narvesen in Norway and Latvia, Pressbyrån in Sweden, 7-Eleven in Norway, Sweden and Denmark, R-kioski in Finland, R-kiosk in Estonia, and R-kiosk and Lietuvos Spauda in Lithuania. RSH holds a leading position in all countries. As of 31 December 2011 the number of shops was 1,489, and RSH had revenues of NOK 11.4 billion in 2011. After the acquirement of R-kioski earlier this year, RSH will have revenue of approx. NOK 14 billion, 2,500 shops and 18,000 co-workers.

Reitan Servicehandel is a part of the Reitan Group (Reitangruppen). The Reitan Group consists of four areas of operation: REMA 1000, Reitan Servicehandel, Reitan Real Estate (Reitan Eiendom) and the Uno-X Group. In addition, Reitan Group owns the subsidiary Spaceworld and holds a share of 15.62 percent in Axfood. Reitan Group’s vision is to become known as Scandinavia’s most value driven company. In 2011, Reitan Group had revenue of NOK 63 billion (including franchise turnover) and employed 27,500 people in Scandinavia and Latvia, making it one of Norway’s ten largest companies.

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