Infratek changes group structure from 2014
Infratek has merged the business areas Central and Local Infrastructure. Following this the group consists of the business areas Infrastructure and Security.
The group’s infrastructure business is reorganized with fewer levels and with focus on geography and products. This will contribute to clear lines of responsibility and give a cost-effective but adequate level of control. The new organization is effective from 1 January 2014.
The strategic focus on metropolitan areas, central and regional grid customers, railway systems, and increased use of subcontractors, will still be important for the infrastructure business area.
As a result of the changes in the group structure, Alf Engqvist, who has led the business area Central Infrastructure, steps down from the group management. Engqvist takes on the role as division manager within electrical grids in the South West of Sweden.
Amund Kristiansen steps down from the group management and takes on the role as Head of People & Safety within the Infrastructure business area.
Going forward the group management consists of acting CEO and EVP Infrastructure Lars Bangen, CFO Vibecke Skjolde and EVP Security Lars Erik Finne.
Infratek ASA
Oslo, 3 January 2014
For further information, please contact:
Vibecke Skjolde, CFO+47 916 62 110, vibecke.skjolde@infratek.no
Lars Bangen, acting CEO+47 907 81 223, lars.bangen@infratek.no
About Infratek ASA:
Infratek is one of the leading Nordic players within building, operating and securing of critical infrastructure. The Group delivers a wide range of services for power grids, railway systems, fiber networks, district heating, public street lighting and technical high security solutions. Infratek has 1,700 employees in Norway, Sweden, Finland and Denmark, and had revenues of NOK 2.8 billion in 2012. Infratek is listed on the Oslo Stock Exchange. For further information, please see www.infratek.no.