Elcoteq SE has announced that as part of the new action plan announced in October 2007, Elcoteq is streamlining and simplifying its organization as of January 1, 2008. With the new organization, Elcoteq aims to improve its ability to respond to its customers' developing needs in all business areas. In addition, the aim is to clarify responsibilities, speed up decision-making, and improve Elcoteq's cost structure in an increasingly competitive situation.
The new organization consists of Group functions and three business areas that operate as profit centers, namely Personal Communications, Home Communications, and Communications Networks. Group functions will support the business areas by ensuring that the operating model is globally consistent and that synergies between the business areas are utilized as efficiently as possible. The business areas will be responsible for their own customer accounts and operations related to these as well as supply chain management, and will continue to develop their businesses and service offering in their own business area.
As of January 1, 2008, the Elcoteq Management Team (EMT) will comprise the following persons: Jouni Hartikainen, President and CEO; Jukka Jäämaa, COO and Deputy CEO; Mikko Puolakka, CFO; Anssi Korhonen, President, Personal Communications; Vesa Keränen, President, Home Communications; Tommi Pettersson, President, Communications Networks.
