Betolar Plc

Company Release 

6 March 2023 at 9:30 AM EET

Betolar Plc: Change in Management Team

Ilkka Iittiläinen, Member of Betolar Plc's Management Team and Chief Operating Officer has decided to take up new responsibilities outside the company. Iittiläinen's employment will end on 2 June 2023, at the latest. The company will immediately start the recruitment process to appoint a new COO.

"I thank Ilkka for his contribution to Betolar and wish him all the best of luck and success also in the future", says Riku Kytömäki, President and CEO of Betolar.

Betolar Plc

More information:

Riku Kytömäki, President & CEO, Betolar Plc, riku.kytomaki@betolar.com,+358 50 511 8288 

Certified Adviser:

Aktia Alexander Corporate Finance Oy, +358 50 520 4098

About Betolar

Betolar Plc is a Finnish materials technology company that offers the production of sustainable and low-carbon concrete with the Geoprime® solution. The solution converts several previously unused, massive industrial by-products into a cement substitute.

Betolar's innovation can significantly reduce CO2 emissions compared to traditional cement-based concrete production by optimizing existing manufacturing processes. Betolar's mission is to reduce CO2 emissions and the use of virgin natural resources in construction.

Betolar was founded in 2016 and is headquartered in Kannonkoski, Finland. For more information, visit www.betolar.com/