releases
Eastern European Markets
NEWS RELEASE
January 27, 2007

Ensto increases its holding in Ukrainian sales company

In an agreement that came into effect on 16 January 2007, Ensto has increased its holding in its Ukrainian sales company, CJSC Ensto Ukraine, from 40% to 100%. At the same time, Artem Kharchenko has been appointed Managing Director of CJSC Ensto Ukraine. Yevgeni Kurganov, who used to own the majority (60%) of the company’s shares, will work as Ensto’s dealer in Ukraine in the future.

The sales company was established in Kiev in October 2004 to focus on the sale and marketing of utility networks products. The deal will further increase Ensto’s possibilities for business development in Ukraine. The aim is also to streamline the sales management. Ensto Ukraine currently employs a staff of 9 persons.

Further information:
Jukka Koskinen, Ensto Oy, President and CEO, tel. +358 40 7499 402
Ensto’s sales office in Ukraine has moved to new premises in Kiev and its new contact information is:
CJSC Ensto Ukraine
Office 15, Building 4
Obolonskaya embankment 19
04210 Kyiv, Ukraine
Tel. +380 44 581 37 92/93
Fax +380 44 581 37 94

www.ensto.com


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