Vaahto Group has Initiated a Program to Intensify Operations of the Paper Technology Group

VAAHTO GROUP PLC OYJ STOCK EXCHANGE BULLETIN 24.9.2013 at 15:45

VAAHTO GROUP HAS INITIATED A PROGRAM TO INTENSIFY OPERATIONS OF THE PAPER TECHNOLOGY GROUP

Vaahto Group has initiated a program to intensify operations and improve the profitability of the Paper Technology group.

Both in Tampere and Kokkola units, organizational changes are being made in order to achieve synergies, respond to the changes in the market and to find comprehensive solutions to customer needs.

Pekka Viitasalo, managing director of AP-Tela Oy has resigned and Ari Viinikkala, CEO of Vaahto Group Plc Oyj, has been appointed as a new managing director of AP-Tela Oy.

Lahti 24.9.2013

VAAHTO GROUP PLC OYJ

Board of Directors

For more information, please contact:

Ari Viinikkala

CEO, Vaahto Group Plc Oyj

Tel: +358 400 127664

Vaahto Group is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.