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  • At mid-year, Alf Göransson will be leaving his post as head of the Cardo Rail business area in order to take up a position as president and CEO of Svedala Industri AB. The search for a new business area head has begun.

At mid-year, Alf Göransson will be leaving his post as head of the Cardo Rail business area in order to take up a position as president and CEO of Svedala Industri AB. The search for a new business area head has begun.

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"Alf Göransson has very successfully implemented the extensive restructuring of our rail operation and established a new structure for a continued positive trend for Cardo Rail", says Cardo’s president and CEO Kjell Svensson. "The work to achieve the profitability targets set for Cardo Rail is now in all essentials complete, and I should like to wish Alf the best of luck in the new and higher position that awaits him outside the Cardo group".

Malmö, Sweden, January 10 2000

Cardo AB (publ)

For further information, please contact:
Kjell Svensson, President and CEO, phone +46 40 35 04 53, +46 40 35 04 00
Sven-Erik Persson, Executive Vice President, phone +46 40 35 04 50, +46 40 35 04 00
Christer Roskvist, Head of Public Relations, phone +46 40 35 04 25, +46 40 35 04 00

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