Ruric changes CEO at AGM. Mr Ingvar Ljungqvist appointed interim CEO as of 11th June 2012.

(Thomson Reuters ONE) -


Press release 11-06-2012

Mr Adam Fischer will step down as CEO and Mr Ingvar Ljungqvist is appointed
interim CEO after today's Annual General Meeting.

Mr Fischer and Ruric have decided to part ways because of different opinions of
the company's strategy. Mr Fischer will step down as CEO following today's
Annual General Meeting but will remain employed until 29(th) June.

Mr Ljungqvist will assume his responsibilities as interim CEO as of today. Mr
Ljungqvist has over 20 years international experience from SEB-Enskilda in New
York and Stockholm. He has also worked with IBM and Case Asset Management. Mr
Ljungqvist holds a Master of Science degree from the Royal Institute of
Technology in Stockholm and resides in Stockholm.

Mr Dahlgren, Chairman, in a comment: "While we are sad to part ways with Adam,
we would like to thank him for his efforts during this brief sojourn. We are at
the same time delighted to present the shareholders with such a competent
replacement as Ingvar. His skills in taking on challenges heads on will prove
very useful."

Russian Real Estate Investment Company AB (publ)

For additional information

Lennart Dahlgren, Chairman
email              ldahlgren(at)ruric.com
web                www.ruric.com

ABOUT RURIC
Ruric's business strategy is to manage real estate in the centre of St
Petersburg. In addition Ruric shall also acquire real estate and implement value
creating additional investments at attractive conditions. Through professional
management and good tenant relations spaces of high class are offered to tenants
looking for possible spaces in central locations willing to pay for it. Ruric
offers primarily office- and retail premises.

Ruric's Certified Advisor at First North is Erik Penser Bankaktiebolag.

Press Release:
http://hugin.info/141656/R/1618570/516819.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Russian Real Estate Investment Company via Thomson Reuters ONE
[HUG#1618570]

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 11.06.2012 - 08:30 Uhr
Sprache: Deutsch
News-ID 154875
Anzahl Zeichen: 2647

contact information:
Town:

Stockholm

Kategorie:

Business News

Diese Pressemitteilung wurde bisher 139 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Ruric changes CEO at AGM. Mr Ingvar Ljungqvist appointed interim CEO as of 11th June 2012."
steht unter der journalistisch-redaktionellen Verantwortung von

Russian Real Estate Investment Company (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

The reorganization in Ruric continues ...

At the creditors meeting today, the District court of Stockholm ruled that the reorganization of Ruric shall continue. The company and the administrator will now work out a detailed reorganization plan to be presented to the creditors. Russian Real ...

A preliminary reorganization plan is now made public and to be presented on the ...

The administrator that has been appointed by the City court of Stockholm, has today presented the preliminary reorganization plan, in which he recommends that the reorganization may continue. The City court will base their decision on whether to cont ...

Information regarding Ruric's reorganisation process ...

The reorganising process is processing satisfactorily and according to plan. As a direct consequence of the reorganisation process, Ruric has been informed by ÿhman Fondkommission as being the agent for the bonds, that the current terms of the bond ...

Alle Meldungen von Russian Real Estate Investment Company