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Elematic Oyj CEO Mats Jungar steps down

Elematic Oyj Board of Directors and CEO Mats Jungar have today agreed that Jungar will step down with immediate effect. Mats Jungar has led the company since 2011.

“I wish to thank Mats Jungar on behalf of myself and the whole Board of Directors and Elematic for his contribution to the development of the company. Under his leadership, Elematic has established its position as a global leader in supplying precast concrete plants, machinery, and systems. The company and its operations have been developed with a highly professional and systematic approach”, says Chairman of the Board Kai-Petteri Purhonen.

The recruitment process for a new CEO has started. Kai-Petteri Purhonen, Chairman of the Board of Directors, will act as interim CEO.

Kai-Petteri Purhonen

Chairman of the Board of Directors

Elematic Oyj

Elematic Oyj is a world-leading manufacturer of precast concrete plants, production lines, machinery and related software and services. The company employs roughly 330 people, and its turnover is approximately 60 million euros, of which exports generate 95%. Elematic has subsidiaries and sales offices in the USA, Germany, China, India, and the United Arab Emirates, and agents in over 20 countries. The company headquarters is located in Akaa, Finland.

PRESS RELEASE: Elematic Oyj CEO Mats Jungar steps down

Elematic_MatsJungarStepsDown_EN (pdf, 119 kb)

For more information, please contact:

Kai-Petteri Purhonen
Chairman of the Board
Tel. +358503271735