Lothar Geilen elected to the CITA Bureau Permanent

Opus Group’s Division manager for Vehicle Inspection Lothar Geilen was elected to the CITA Bureau Permanent (BP) at the 2013 CITA General Assembly and Conference in Seville, Spain this week.

The function of the CITA Bureau Permanent is managing the association and providing strategic direction between General Assemblies.

“I am honored by the opportunity to join the Bureau Permanent”, said Mr. Geilen. “Advancing the art and science of vehicle inspection is crucial to improving road safety and air quality. This election represents the confidence that the CITA membership has in Opus Group’s role in the global vehicle inspection industry. I look forward to working with my fellow BP members.”

CITA is the international association of public and private sector organizations actively performing mandatory inspection of in-service motor vehicles and their trailers. CITA:
• develops best practice recommendations and drafts international standards;
• co-ordinates research, studies and investigations;
• organizes conferences and seminars; and
• works to improve and harmonies:
- inspection methods, standards and equipment;
- quality control, quality assurance and accreditation;
- training for inspectors; and
- information systems used to improve inspection consistency and effectiveness.

More information about CITA can be found on its website, http://www.cita-vehicleinspection.org

For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se

Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

Opus Group's Certified Adviser
Thenberg & Kinde Fondkommission AB
Krokslätts parkgata 4
SE-431 24 Mölndal, Sweden
Phone: 46 31 745 50 00

Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations. The Group has two main business areas which consist of vehicle inspection operations and equipment technology. Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning has 70 vehicle inspection stations in Sweden. Opus Group’s subsidiary Systech operates vehicle inspection programs in the U.S., Bermuda and Peru. Opus Group’s subsidiary ESP is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales and service of emission control equipment for vehicle inspection companies and vehicle workshops. Opus Groups revenues amounted to approx. SEK 469 million in 2012. Opus Group’s shares are listed on Nasdaq OMX First North Premier.

About Us

Opus is a technology driven growth company in the vehicle inspection and vehicle services markets. The company has a strong focus on customer service and innovative technology within emission and safety testing and vehicle services. Opus’ plan is to double its revenues to reach USD 400 million in revenues and USD 100 million in EBITDA by 2021. The main growth is estimated to come from the expansion of the vehicle communication and services business and the international expansion of the vehicle inspection business with a primary focus on the Latin American and Asian markets. Opus is headquartered in Gothenburg, Sweden. Opus has 30 regional offices of which 20 are located in the United States and the others in Stockholm, Peru, Chile, Argentina, Australia, Germany (dormant), Mexico and Pakistan. Opus has production facilities in the U.S. in Hartford, Ann Arbor and Tucson. The Opus share is listed on Nasdaq Stockholm.

Subscribe

Documents & Links