Eltel makes structural and managerial changes in the Power and Communication segments
With the aim to improve efficiency and profitability, Eltel has decided on certain changes within the company’s two main segments; Power and Communication. In the power transmission business, a unit heading projects mainly in Africa will be extracted and separately managed by the new Group Project function. Fredrik Menander, President of Power Transmission, will leave Eltel. To further develop Eltel’s growing communication business, Eltel will merge the business units fixed and mobile communication. This is expected to create scale benefits, increase efficiency and bring a unified interface