Cimco Marine AB (publ.) announces the appoint of Ralf Losch as Sales Director

Ralf Losch has been appointed Sales Director for Cimco Marine AB's (publ).

Ralf Losch started his position on June 24, 2019. He brings more than 20 years of technical sales experience and has an extraordinary track-record of extracting value from markets through organizing sales of diesel engines into markets including commercial marine, oil and gas, naval/governmental, workboat etc.

Ralf has a broad experience from exploring new markets for existing products and launching new products to existing markets with great success. His background is dominated by sales and business development functions. "Ralf has the right skills and experience to meet Cimco Marine AB sales targets and broaden OXE diesel market appeal", says Myron Mahendra, CFO and VP, Cimco Marine AB.

“The company has developed a sought after product and is still continuing to develop and extend its product range. I look forward to making a positive contribution and, together with management and employees, to achieve the long term objectives of the company in the high powered diesel outboard segment,” says Ralf Losch, appointed Sales Director at Cimco Marine AB.

Certified Adviser
Västra Hamnen Corporate Finance AB is Certified Adviser for Cimco Marine AB (publ). Contact details to Västra Hamnen: tel. 040-20 02 50, e-mail ca@vhcorp.se.

For further information, please contact:                          
Anders Berg, Chairman of the Board of Cimco Marine AB, +46 70-358 91 55, anders.berg@oxe-diesel.com

Andreas Blomdahl, CEO Cimco Marine AB, +46 431 44 98 99, andreas.blomdahl@oxe-diesel.com
Myron Mahendra, CFO Cimco Marine AB, +46 763-47 59 82, myron.mahendra@oxe-diesel.com

www.oxe-diesel.com

About Us

Cimco Marine AB (publ) has, after several years of development, constructed the OXE Diesel, the world´s first diesel outboard engine in the high-power segment. OXE Diesel has a unique belt driven propulsion system that allows a hydraulic multi-friction gearbox to be mounted. This means that the engine can handle significantly higher loads than a traditional outboard engine. Cimco´s OXE diesel has a horizontally mounted engine as opposed to a traditional outboard with a vertically mounted engine.

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The company has developed a sought after product and is still continuing to develop and extend its product range. I look forward to making a positive contribution and, together with management and employees, to achieve the long term objectives of the company in the high powered diesel outboard segment
Ralf Losch, appointed Sales Director at Cimco Marine AB.
Ralf has the right skills and experience to meet Cimco Marine AB sales targets and broaden OXE diesel market appeal
Myron Mahendra, CFO and VP, Cimco Marine AB.