SRV GROUP PLC INVESTOR NEWS 19 JANUARY 2024 13.30 EET
Tero Karislahti to start as SRV Group Plc’s Senior Vice President, Regional Units in February
Tero Karislahti, MSc. (Tech.), 40 years old, will start as SRV Group Plc’s Senior Vice President, Regional Units and a member of the Corporate Executive Team from February 1, 2024.
SRV announced in July that Karislahti has been appointed as SRV Group Plc’s Senior Vice President, Regional Units and a member of the Corporate Executive Team, effective no later than 1 July 2024.
Karislahti has held management positions at different YIT Corporation units for nearly 20 years, including Vice President responsible for operations in Häme and Uusimaa. Most recently, he has served as Lehto Group Plc’s Executive Vice President, Housing and a member of its Executive Board.
“Our aim is to build SRV into a sustainably profitable company. The regional construction units – Inland Finland, Southwest Finland and Northern Finland – play a major role in the development of SRV’s growth and profitability. Tero has robust and diverse experience in the construction industry, particularly in housing construction – stepping up our operations in this area is one of the company’s focus areas as the housing market recovers,” says Saku Sipola, President & CEO of SRV.
“It’s great to be able to take responsibility for SRV’s regional units and get to work on not only housing construction projects, but also business construction. I believe that collaborative projects will become more common going forward – SRV is strong in them. Urban development projects will also need more and more cooperative skills in the future”, says Tero Karislahti.
“The company is also in an interesting development phase. Even though the housing market currently still poses challenges, we’ll be able to develop our business on a solid foundation. Thus there are also good conditions for moving forward with the company's new strategy. I believe, that in the future lifecycle-wise construction in accordance with SRV’s strategy and its effects not only on the environment, but also on people's well-being and economic value will be increasingly relevant”.
For further information, please contact:
Saku Sipola, President & CEO, tel. +358 (0)40 551 5953, saku.sipola@srv.fi
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SRV in brief
SRV is a Finnish developer and innovator in the construction industry. We are building a more sustainable and responsible urban environment that fosters economic value and takes the wellbeing of both the environment and people into consideration. We call this approach lifecycle wisdom. Our genuine engagement and enthusiasm for our work comes across in every encounter – and listening is one of our most important ways of working. We believe that the only way to change the world is through discussion.
Our company, established in 1987, is listed on the Helsinki Stock Exchange. We operate in growth centres in Finland. In 2022, our revenue totalled EUR 770.1 million. In addition to approximately 1,000 in-house staff, we have a network of around 3,800 partners.
SRV – Building for life