Press release

Stefan Ljunglin appointed new Country Manager for Netel in Finland

Stefan Ljunglin has been appointed Country Manager for Netel in Finland and CEO of Netel OY. He will also be a member of the Group Management Team. Stefan Ljunglin succeeds Ari Asikainen who has decided to leave his position.

Stefan Ljunglin has over 20 years of international experience in the telecommunication and power sector. He has held several senior positions related to corporate and business unit management, project and quality management as well as corporate control functions.

Stefan Ljunglin joined the Netel Group in 2014 when Netel acquired the Nordic operations of Lemcon Networks Ltd. He had then been with Lemcon Networks since 2000. He is born in 1973 and has studied Civil and Environmental Engineering at the Helsinki University of Technology. Stefan Ljunglin takes on his new position as of 1 February 2023.

Ari Asikainen, born 1960, joined Netel as CEO of Netel OY in 2013.

“I would like to express my sincere gratitude to Ari who has led our Finnish operations with dedication and perseverance for ten years”, says Ove Bergkvist, CEO and President of Netel. “I am also happy that we have found a competent successor internally who can take our Finnish operations to a new level.”

“I look forward to my new assignment and to continue developing Netel and strengthening the company's position in Finland together with our competent team”, says Stefan Ljunglin, newly appointed Country Manager of Netel in Finland.

“During my ten years at Netel and in total 40 years in the industry, I have experienced both ups and downs and not least the current, strong FTTH-market”, comments Ari Asikainen, outgoing Country Manager of Netel in Finland. “Now it is time to hand over to the next generation and I’m happy to see Stefan as my successor who has the experience and competence to run the business further”.

Contacts


Ove Bergkvist, CEO +46 (0) 73 337 09 37, ove.bergkvist@netel.se
Peter Andersson, CFO +46 (0) 73 842 36 90, peter.andersson@netel.se
Åse Lindskog, IR +46 (0) 73 024 48 72, ase@lindskogphilipson.se

About Us


Netel is a leading specialist in critical infrastructures in Northern Europe. We have over 20 years of experience in carrying out projects as well as services and maintenance for the industry's largest players in power, telecommunications, heating as well as water and sewage. We have a clear strategy for organic growth and acquisitions based on an efficient business model that is characterized by decentralization, low capital tied up and high cash conversion. Our business is based on a solid sustainability approach with intense responsibility for the environment and work safety. Netel had sales of more than SEK 2.4 billion in 2021 and has approximately 820 employees. Read more at www.netelgroup.com.