Change in Cramo Group Management Team

Cramo Plc    Stock exchange release    20 August 2019 at 12.00 noon EET

Change in Cramo Group Management Team

Ms Petra Schedin Stergel, Senior Vice President, Human Resources Development and a member of the Cramo Group Management Team since 2016, will leave the company with immediate effect.

“Within the framework of our new strategy we have concluded that decentralisation of our HR development will better meet local needs and priorities for a more effective management of personnel issues. I would like to thank Petra for her contribution in developing and executing the HR strategy at Cramo Group and I wish her every success in the future," says Mr Leif Gustafsson, President and CEO of Cramo Group.

With this change the HR development function will be removed from the Cramo Group Management structure.


Leif Gustafsson
President and CEO

Further information:
Mr Leif Gustafsson, President and CEO, tel: +358 10 661 10, email:

Nasdaq Helsinki Ltd
Main media

Cramo is one of the leading European equipment rental services companies with revenue of EUR 632 million in 2018, serving approximately 150,000 customers through around 300 depots across 11 markets with a full range of machinery, equipment and related services. Cramo enjoys solid market position in all key markets and has a strong focus on the most sophisticated customers primarily within the renovation and new-build construction, industrial and public sector end-markets. Cramo shares (CRA1V) are listed on Nasdaq Helsinki Ltd.

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