Juha Pekka Ojala appointed SRV’s Senior Executive Vice President in charge of business operations in Finland

Espoo, Finland

SRV Group Plc Changes board/management/auditors          14 December 2010   3.00 pm EET

SRV’s Executive Vice President, Business Premises, Juha Pekka Ojala has been appointed SRV Group’s Senior Executive Vice President in charge of business premises and housing in Finland as of 14 December 2010. Timo Nieminen will continue as Deputy CEO and Senior Executive Vice President in charge of project development. Hannu Linnoinen will continue as Senior Executive Vice President and CFO.

SRV merges its Business Premises and Housing and Regional business areas in Finland as from 1 January 2011 The aim is that the juridical proceedings could be finalised by the end of March 2011. The name of the new company will be SRV Construction Ltd andJuha Pekka Ojala will be its CEO.  SRV’s domestic order backlog on 30 September 2010 was EUR 581.2 million (growth of 32.2%).

Juha Pekka Ojala has been employed by SRV since 1997. He has been in charge of the Business Premises business area since 2022. In addition he has been in charge of the Baltic operations since 2008.  

– During the ongoing year, SRV has gained considerable growth in Finland in the construction of both business premises and housing in the Greater Helsinki area and in the regional units according to our strategy. By restructuring the operations under one management, we can further strengthen our construction processes and support growth by pooling the resources and unifying the methods, says Jukka Hienonen, CEO of SRV.  

SRV Group Plc
Jukka Hienonen
CEO

Distribution: Nasdaq OMX Helsinki, main media

Further information:Jukka Hienonen, CEO, tel. +358 201 45 5213

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