Ferronordic Machines board member Martin Leach has passed away
Press Release
Stockholm, 3 November 2016
It is with great sorrow that we announce that our friend and board member Martin Leach has passed away after a period of illness. Martin has been a member and vice chairman of Ferronordic Machines board since the foundation of the company in 2010. During the last years, Martin has also been the chairman of the board’s audit committee.
After the passing of Martin Leach, the board of Ferronordic Machines will consist of six members. The board will choose a new chairman for its audit committee as soon as possible.
About Ferronordic Machines
Ferronordic Machines is the authorized dealer of Volvo Construction Equipment and Terex Trucks in Russia. It is also the official distributor of Dressta in Russia. The company began its operations in 2010 and has expanded rapidly across Russia. The company is well established in all federal districts with almost 70 outlets and approximately 750 employees. In addition to distributing and servicing construction machines, Ferronordic Machines has also been appointed aftermarket dealer for Volvo and Renault Trucks as well as dealer for Volvo Penta in certain parts of Russia. The vision of Ferronordic Machines is to be regarded as the leading service- and sales company in the CIS markets. The preference shares of Ferronordic Machines are listed on NASDAQ OMX First North Premier. The company has appointed Avanza Bank AB as its Certified Advisor.
For more information, please contact:
Anders Blomqvist, CFO and Head of IR, Tel: +46 8 5090 7280 or pr@ferronordic.ru
Ferronordic Machines discloses the information herein pursuant to the Securities Markets Act and/or the Financial Instruments Act. The information was submitted for publication on 3 November 2016, 1:00 pm CET.
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