2013-03-12 12:00:56 -

Eltel Group Corporation has appointed Mariann Östansjö as the new Chief Financial Officer. The appointment adds another experienced member to the Group management team of Eltel.

Mariann Östansjö will be joining Eltel from a CFO position at Green Cargo, a transportation company focusing on railroad transportation.

Prior to this she served as Head of Controlling at Skanska, and in CFO positions at Skanska Services, RagnSells and Svenska Petroleum Exploration. Östansjö has a Bachelor’s degree in Business and Economics from the Stockholm School of Economics.

In her previous positions, Östansjö was in charge of all financial areas – accounting, controlling and treasury. On her list of merits she shows a variety of accomplishments from developing internal controls and reporting processes and more cost

efficient Shared Service Centres to preparation and execution of various company transactions.

Mariann Östansjö comments on joining Eltel Group: “It is with great pleasure, huge expectations and lots of humbleness that I am taking on the CFO position at Eltel. The industry is expanding, primarily based on growing needs for new electricity and communication infrastructures, and Eltel is a front runner in the industry with impressive growth and earnings records. The journey taken so far has been made due to highly professional and passionate people, and I am looking forward to joining the Company and its challenges ahead”.

Axel Hjärne, President and CEO of Eltel Group Corporation, comments on Mariann Östansjö’s appointment: “Eltel has made a spectacular journey in creating a Nordic leader in the Infranet service arena. We are now preparing for the next step on our evolutionary road. Mariann, with all her experience in a number of companies, both with an international background and good exposure to the service sector, will be an optimal addition to our Group management team. We are looking forward to an exciting future, and Mariann will be a perfect match with our ambitions.”


Mariann Östansjö will take over the new position from the beginning of June. The position at Eltel became vacant as its current holder is joining another company after four years at Eltel.

For more information at Eltel Group Corporation www.eltelnetworks.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..



Eltel Group CorporationAxel HjärnePresident and CEOT:

+46 70 548 8432E: axel.hjärne@eltelnetworks.com : mailto:axel.hjarne@eltelnetworks.com orHannu

TynkkynenSenior Vice PresidentT: +358 40 311

4503E: hannu.tynkkynen@eltelnetworks.com : mailto:hannu.tynkkynen@eltelnetworks.com