Changes to Glaston's Group Structure

Changes to Glaston's Group Structure
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Date: 16 December 2020

In January 2020, Glaston announced its new group structure with business areas Glaston Heat Treatment Technologies, Glaston Insulating Glass Technologies and Glaston Automotive & Emerging Technologies.

As of 1 January 2021, the Emerging Technologies operations will be re-organized and become part of the regional sales structure. As of the same date Glaston’s business areas will be Glaston Heat Treatment Technologies, Glaston Insulating Glass Technologies and Glaston Automotive & Display Technologies.

Sasu Koivumäki, Chief Sales Officer (CSO) will take the responsibility of the Emerging Technologies business which continues to be an integral part of Glaston's growth strategy. Robert Prange, currently SVP Automotive & Emerging Technologies will be leading the Glaston Automotive & Display Technologies business area. Dietmar Walz will continue as SVP Insulating Glass Technologies and Miika Äppelqvist as SVP Heat Treatment Technologies as announced on 25 November 2020.

The business areas together with respective services businesses form the company’s reporting segments. Emerging Technologies will be reported in Heat Treatment Technologies, Insulating Glass Technologies or in Automotive and Display Technologies depending on their technology focus.  Consequently, Glaston will publish comparable financial figures before the publication of the January-March 2021 interim report.

600450 Changes to Glaston's Group Structure

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