Changes in Business Structure of Vaahto Group

VAAHTO GROUP PLC OYJ PRESS RELEASE 30.11.2011 at 12.00

CHANGES IN BUSINESS STRUCTURE OF VAAHTO GROUP

Vaahto Pulp & Paper Machinery –division of Vaahto Group will in future act as Vaahto Paper Technology. Better than the old one, the new name will describe the business of the division, which delivers services and technology solutions for paper and board industry. Vaahto Projects and Vaahto Service –units will still belong to the division. Vaahto Projects designs and manufactures production lines, machines and equipment as well as their components to the paper, pulp and board industry. Vaahto Service produces technology solutions for maintenance and spare parts services of paper, board and pulp industry.

M.Sc. (Tech.) Kalle Rasinmäki has been appointed to Vice President, Sales and Marketing of Vaahto Paper Technology since December 1, 2011. Mr. Rasinmäki will enter to service of Vaahto from Pöyry.

Vaahto Process Machinery –division of Vaahto Group will in future act as Vaahto Process Technology. The operations of the division are divided into two business areas: Stelzer Mixing Technology, specialized into the mixing technology and Japrotek Vessels, focusing the tanks and pressure vessels.

Lahti, November 30, 2011

VAAHTO GROUP PLC OYJ

Anssi Klinga

CEO

 

Further information:

Jyrki Strengell

Vaahto Paper Technology

President

Tel: +358 400 613800