19/01-11   -   Press releases

New CEO at EuroMaint Rail

Ove Bergkvist has been appointed the new CEO of EuroMaint Rail. Ove Bergkvist replaces the company’s acting CEO Petter Arvidson by the end of June 2011 at the latest.

Ove Bergkvist worked most recently at Cardo AB where he was responsible for the Entrance Solutions division. He has worked at Cardo since 2004 and before that spent five years as an investment manager at an Investor-owned venture capital company and was also a management consultant at McKinsey & Co. Ove Bergkvist is 43 years old, has a Master of Science in Engineering from the Royal Institute of Technology and has an MBA from the London Business School.

“Ove Bergkvist has extensive experience of strategic development in an international environment. He has successfully led an industrial business subject to tough competition into profitability thanks to a clear market focus and development of all parts of the business. EuroMaint Rail is currently a significant player on the European maintenance market for rolling stock and the conditions for continued growth are good. Ove Bergkvist has the right background and the purposefulness required to consolidate EuroMaint Rail’s strong position in Sweden and expand the business further in Europe," says Wille Laurén, Chairman of the Board of EuroMaint Rail.

EuroMaint Rail strengthens its customers’ competitiveness via services and products that increase availability, reliability and service life of rolling stock. EuroMaint Rail offers qualified technical maintenance and refurbishment of rolling stock and its components. The Head Office is located in Solna and the business operates at sites in Sweden, Germany, Belgium, Poland, the Netherlands and Latvia. The company has 2,300 employees and a turnover of EUR 336 million. EuroMaint Rail is part of the EuroMaint Group, which is owned by Ratos, one of Europe´s largest quoted holding companies.