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  • Lovisa Krebs

    Communication Manager


    +46 8 705 03 17
    +46 70 948 06 60
    http://www.setragroup.com/
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    Setra reports loss for 2012 due to weak business climate

    Wood products company Setra reports net sales of SEK 4,069 million (4,476) for the full-year 2012. Net sales in the fourth quarter amounted to SEK 951 million (1,076). The operating loss for the period January-December amounted to SEK 80 million (42), of which SEK 20 million related to restructuring costs for the closure of the Horndal sawmill. Operating loss for the fourth quarter, excluding restructuring costs, amounted to SEK 36 million (54).“2012 will go down in history as one of the toughest-ever years for the export-dependent Swedish wood products industry,” says Johan Padel,

    New names in Setra

    Olle Berg has been appointed Market and Business Development Director at Setra. Pontus Friberg will take up the position of Business Support Director. Three of Setra’s sawmills - Kastet, Nyby and Hasselfors – will have new managers in the autumn.Olle Berg, currently SVP, Marketing & Sales, Stora Enso Building & Living, has been appointed as Market and Business Development Director at Setra. He will be a member of Setra’s group management and take up his position in the new year. Johan Padel, President and CEO of Setra, comments: “Olle Berg has long and sound experience from the wood

    Johan Padel new CEO of Setra

    Johan Padel has been appointed as Setra’s new President and CEO. He will succeed Börje Bengtsson who is retiring in the autumn.Johan Padel, 45, is currently Managing Director of Moelven Timber, which is part of the Norwegian-owned Moelven Group, His previous positions include Managing Director of IKEA’s subsidiary Swedwood Latvia Ltd and Managing Director of AssiDomän Hasselfors Trä AB. Johan Padel also has many years of experience from the marketing side of the wood products industry. “We are very pleased to have recruited Johan Padel as our new President and CEO,” says Setra’s Chairman

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