The board of EOS Russia have assessed the situation regarding management of the company after November 30, 2016, when the current CEO agreement comes to an end. After carefully investigating the needs of the company going forward while adhering to the strict cost cutting regime put in place, the board have decided that the best option for the company is to offer the current CEO a new and much revised agreement. EOS Russia Chairman Seppo Remes commented: “we are pleased to retain the services of Ulf-Henrik Svensson in a very cost effective manner.” For further information, please contact: ir@eos-russia.com EOS Russia is an investment company headquartered in Stockholm. The overall objective of the company is to offer attractive returns via investments in the Russian electricity industry. EOS Russia's shares have been listed on First North, a marketplace operated by the Stockholm Stock Exchange, since 25 June 2007. Remium Nordic AB is the Certified Adviser.
EOS Russia signs a new and revised agreement with the CEO
| Source: EnergyO Solutions Russia AB