Studsvik's operations in Germany to be a separate business area
The operations in Germany, which today are part of the Consultancy Services business area, will become a separate business area called Germany from April 1, 2018.
Studsvik's organization will then consist of four business areas:
- Consultancy Services, Head of Business Area Stefan Bergström
- Fuel and Materials Technology, Head of Business Area Joakim Lundström
- Scandpower, Head of Business Area Steven Freel
- Germany, Head of Business Area Bengt Pihl
Bengt Pihl has been head of the German operations since spring 2016. He has previously held senior positions in large industrial concerns both in Sweden and in Germany.
The new structure follows Studsvik's operations more clearly and provides a focus for the measures being taken to improve profitability in Germany.
Financial reporting under the new structure will start as of the first quarter of 2018.
For further information, please contact:
Pål Jarness, CFO, +46 155 22 10 09 or
Camilla Hoflund, President and CEO, +46 155 22 10 66
Facts about Studsvik
Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software for core monitoring and fuel optimization and consultancy services in waste treatment technology, decommissioning, NORM and solutions for final disposal. The company has 70 years’ experience of nuclear technology and radiological services. Studsvik has 700 employees in 7 countries and the company’s shares are listed on NASDAQ Stockholm.
This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact persons above, on March 20, 2018, at 08:55 AM (CEST).