New Business Area President appointed at Indutrade

Curt-Johan Kock has been appointed the new President of the Indutrade's Engineering & Equipment business area.

He joins Indutrade from Grundfos, one of the world's leading manufacturers of pumps, where he has been serving as president of a subsidiary in Finland.

Curt-Johan Kock will begin his duties at Indutrade on 1 June 2008.

Stockholm, 17 March 2008