Enersense, a provider of zero-emission energy solutions, is planning to simplify its organisational structure to improve its competitiveness, efficiency and expertise by merging the current Power and International Operations business areas into a single business area. At the same time, the Smart Industry business area will be renamed Industry.

From the beginning of 2024, Enersense will report three business areas instead of the current four: Power, Industry, and Connectivity. Comparison figures for 2023 will be published before the publication of results for the first quarter of 2024.

"The Power and International Operations business areas carry out highly similar development projects in various areas to enable zero-emission society, and we believe that by bringing our top professionals under the same roof across national boundaries we can significantly increase synergies, expertise, competitiveness and efficiency. This new operating model will also strongly support our growth strategy and goal to expand to new market areas. International teams also provide our personnel with opportunities to develop themselves and their skills, and to work more flexibly in different countries and multinational communities," says Jussi Holopainen, CEO of Enersense.

Changes to Enersense's Group Executive Team

Planned organizational changes will affect the composition of the Group Executive Team of Enersense. The Group Executive Team will be from 9 January 2024 as follows:

Jussi Holopainen, President & CEO

Mikko Jaskari, CFO

Juha Silvola, EVP, Power and Connectivity

Jaakko Leivo, EVP, Industry

Sami Takila, SVP, Legal

Hanna Reijonen, SVP, HR

Tommi Manninen, SVP, Communications and Public Affairs

One current member of the Group Executive Team, Margus Veensalu, will step down from the Group Executive Team but will continue at Enersense in another role.

"I want to thank Margus Veensalu for his excellent work as a member of our Group Executive Team and contribution to the development of our company over the past years", says Jussi Holopainen, President & CEO.

ENERSENSE INTERNATIONAL PLC
Tommi Manninen
SVP, Communications and Public Affairs

More information:

Jussi Holopainen, CEO
Tel.: +358 44 517 4543
Email: jussi.holopainen@enersense.com

Mikko Jaskari, CFO
Tel.: +358 40 053 5337
Email: mikko.jaskari@enersense.com

Media contacts:
Tommi Manninen, SVP, Communications and Public Affairs
Tel.: +358 40 043 7515
Email: tommi.manninen@enersense.com

Distribution:
Nasdaq Helsinki
Major media
www.enersense.com