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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Bergen Group ASA    BERGEN   NO0010379779

BERGEN GROUP ASA (BERGEN)
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Bergen Group ASA : - Torgeir Naero appointed new CEO of Bergen Group ASA

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11/10/2017 | 02:56pm CEST

The Board of Bergen Group ASA has appointed Torgeir Naero as new CEO of the company with effect as from today, 8 November 2017.

Torgeir Naero (pictured above) replaces Hans Petter Eikeland who is nominated as the Group's new chairman to be elected at an extraordinary general meeting scheduled for this afternoon.

Torgeir Naero (51) comes from a position as CEO of the wholly owned subsidiary Bergen Group AAK. Naero has an extensive and diverse experience from management positions in various industrial companies, including CEO of CMR Gexcon AS, partner of Idevekst Energi AS and the last five years as CEO in Bergen Group AAK (formerly AAK Energy Services). Naero also has wide experience from different board positions in various onshore and offshore consultancy and industrial companies in the western part of Norway.

'Bergen Group has, under the leadership of Hans Petter Eikeland, succeeded in establishing a very exciting platform that provides opportunities for further growth. I look forward to working with the employees and with the Board of Directors in the process of further strengthen this growth, 'says CEO Torgeir Naero.

The nominated new Chairman of the Board, Hans Petter Eikeland, is pleased that the Board has appointed Torgeir Naero to take over the role as CEO of Bergen Group ASA.

'Torgeir Naero has strong competence and a well-established network that will be important in the further development of the Group. In addition, he has acquired a solid strategic and operational understanding of the Group's established goals. This ensures that we maintain our forward-looking growth strategy in a safe and efficient way, Eikeland as the incoming chairman of the Board of Directors points out.

The new CEO of Bergen Group ASA has a MSc degree from NHH (Norwegian School of Economics and Business Administration), and a BSc degree in Marine Engineering from Bergen University College. Naero is a resident of Bergen.

Bergen Group ASA is an industrial group based in Western part of Norway and a well-established supplier of products and services to the areas of Energy & Industry, Maritime, Defence and Access Technology. The operations within the respective business areas are based on an extensive expertise and comprehensive experience. The operational activity is taking place in the wholly owned subsidiaries Bergen Group Services AS and Bergen Group AAK AS (formerly AAK Energy Services AS). The group has more than 200 employees. In 2016 the Group companies had a total turnover of approx. NOK 300 million.

Contact:

Hans Petter Eikeland

Tel: +47 932 08 177

(C) 2017 Electronic News Publishing, source ENP Newswire

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Financials (NOK)
Sales 2018 252 M
EBIT 2018 -12,0 M
Net income 2018 -
Finance 2018 26,0 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 0,42x
EV / Sales 2019 0,09x
Capitalization 132 M
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Mean consensus HOLD
Number of Analysts 1
Average target price 1,80  NOK
Spread / Average Target 29%
Managers
NameTitle
Torgeir Nærø Chief Executive Officer
Hans Petter Eikeland Chairman
Nils Ingemund Hoff Chief Financial Officer
Kristoffer Nesse Hope Director
Espen Berge Selvikvåg Director