Elos Medtech appoints new General Manager in China

Pär Teike has been appointed as new Managing Director/General Manager at Elos Medtech Tianjin in China. He assumed his new position on 1 January 2016. Pär has extensive experience from leading positions in well-established medical technology and industrial companies like Getinge, Stena and SKF. Pär has during the last 25 years mainly been based in China and other Asian countries and has great knowledge of the Chinese market and culture.

“-We are pleased to welcome Pär into our organization in China. Elos Medtech Tianjin is in a stage where Pär’s experience – both from managing and developing organizations in China as well as production of medical technology products – provides us with confidence in our plans ahead,” says CEO Johannes Lind-Widestam. 

Elos Medtech is one of Europe's leading development and production partners for medical technology products and components, such as dental and orthopaedic implants and instruments. The operations are conducted at facilities in Sweden, Denmark, China and the US. Customers are internationally active medical technology companies.

Elos Medtech Group’s turnover is approximately MSEK 550 and has about 520 employees. The Group is traded on NASDAQ Stockholm AB since 1989. The Elos Medtech B share is classified as a Health Care company on the Small Cap list.

Lidköping, 8 January 2016

Elos Medtech AB (publ)

For further information, contact:
Johannes Lind-Widestam, President and CEO, 46 (0)705-41 72 22, e-mail: johannes.lind-widestam@elosmedtech.com

The information in this press release is such that Elos Medtech AB is obligated to publish in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was issued for publication on 8 January 2016, at 08:00 a.m. (CET).

For additional information visit www.elosmedtech.com 

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