Elos Medtech Tianjin’s Managing Director in China to step down

Elos Medtech AB announced today that Managing Director/Site Manager Jurgen Moortgat is stepping down from his position with Elos Medtech Tianjin in China.

Jurgen Moortgat assumed the position of MD of Elos Medtech Tianjin on 1 May 2014, and has chosen to leave the company following joint discussions regarding Elos Medtech’s future activities in China. We expect to have an acting Site Manager within the third quarter of 2015. The process of searching for a new MD/Site Manager has already been initiated.

“With the established structure and the management system we have in the Elos Medtech Group, we can ensure that Elos Medtech Tianjin continues to be managed in a reliable manner until a new MD is in place,” 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 mainly internationally active medical technology companies.

Lidköping, 1 July 2015

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

For additional information visit www.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 1 July 2015, at 8:00 a.m. (CET).

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