Stock Exchange & Press Releases 1999

Print Print this release
Elektrobit Group Oyj - NOMINATION AT JOT AUTOMATION GROUP PLC

April 30, 1999

NOMINATION AT JOT AUTOMATION GROUP PLC


Aulis Kronqvist, B.Sc. (Econ.), was named Chief Financial Officer of JOT Automation Group Plc beginning August 1, 1999, when Raimo Hoppa, B.Sc. (Econ.) JOT Automation Group Plc's current CFO, leaves the company in accordance with an agreement made between him and the Group in 1997 and at the same finishes full time working after a long career.

Aulis Kronqvist will join JOT Automation Group Plc on May 1, 1999, upon leaving Sandvik Oy's German subsidiary, Gurtec GmbH, where he was employed as the CFO. Earlier he was the CFO at Sonera Plc's Oulu unit and Eesti Telekom Oy, and the Business Controller at Valmet Plc's German companies.

JOT Automation Group specializes in manufacturing and marketing production automation for the electronics industry. The group has subsidiaries in eight countries. On March 31, 1999 the group employed 502 people and its net sales from 1 st January to 31 st March 1999 totalled 27,6 million of euro. The company's shares are listed in the Helsinki Exchanges.

Oulunsalo, April 30, 1999

JOT Automation Group Plc, Board of director
Jorma Terentjeff, President, CEO