Petrogrand has hired a new CFO

Petrogrand has hired a new CFO

ID: 53991

(Thomson Reuters ONE) -


After working as a financial manager at Petrogrand since early 2001, Mr.
Vilhelmson has been appointed as the company's new Chief financial officer
(CFO). Petrogrand has through this strengthened the organisation, for future
acquisitions and work with greater efficiency and control of the financial
administration.

Lars Vilhelmson born in 1957, worked for shipping group NYKCool, where he was
employed for 25 years, most recently as CFO. Lars has through NYKCool worked for
world-leading shipping-groups such as NYK (Japan), Lauritzen (Denmark), Høegh
(Norway). Profile areas are business development, change management,
financial/business control, cash management and IT alongside the financial
managerial role. Lars has a bachelor degree in economics from the University of
Stockholm.

Lars succeeds Jan-Olov Olsson, who will be available to the company during a
transition period.


Petrogrand's business concept is to carry on oil production via acquired Russian
oil companies and oil licenses. Petrogrand will also manage, enhance and sell
Russian oil assets.



For further information, please contact:
Maks Grinfeld, CEO, phone: +46 8 5000 7810
Sven-Erik Zachrisson, Chairman, phone: +46 8 41 05 45 96

Certified Adviser First North:   Mangold Fondkommission AB
Reasonable caution notice: The statement and assumptions made in the company's
information regarding Petrogrand AB's ("Petrogrand") current plans, prognoses,
strategies, concepts and other statements that are not historical facts are
estimations or "forward looking statements" concerning Petrogrand's future
activities. Such future estimations comprise but are not limited to statements
that include words such as "may occur", "concerning", "plans", "expects",
"estimates", "believes", "evaluates", "prognosticates" or similar expressions.




Such expressions reflect the management of Petrogrand's expectations and
assumptions made on the basis of information available at that time.
These statements and assumptions are subject to a large number of risks and
uncertainties. These, in their turn, comprise but are not limited to i) changes
in the financial, legal and political environment of the countries in which
Petrogrand conducts business, ii) changes in the available geological
information concerning the company's projects in operation, iii) Petrogrand's
capacity to continuously guarantee sufficient financing to perform their
activities as a "going concern", iv) the success of all participants in the
group, or of the various interested companies, joint ventures or secondary
alliances, v) changes in currency exchange rates, in particular those relating
to the RUR/USD rate. Due to the background of the many risks and uncertainties
that exist for any oil-prospecting venture and oil production company in its
initial stage, Petrogrand's actual future development may significantly deviate
from that indicated in the company's informative statements.





Press Release PDF:
http://hugin.info/138739/R/1510048/445014.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: Petrogrand AB via Thomson Reuters ONE

[HUG#1510048]


Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Form 8.3 - Lookers plc SpareBank 1 Nord-Norge: Result First Quarter 2011
Bereitgestellt von Benutzer: hugin
Datum: 28.04.2011 - 10:40 Uhr
Sprache: Deutsch
News-ID 53991
Anzahl Zeichen: 3933

contact information:
Town:

Stockholm



Kategorie:

Business News



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"Petrogrand has hired a new CFO"
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Petrogrand AB (Nachricht senden)

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