Mikael Fryklund will move to a new position as COO (Chief Operating Officer) of the Inission group, and thereby end his position as CEO of Enedo. Mikael will be located at Inission’s headquarters in Karlstad.
Enedo’s new CEO is Kalle Huittinen and he will take office on 14 August 2023. Kalle has a M.Sc. in Industrial Engineering and Management and he has a vast international experience in many senior leadership roles in ABB. Most recently he was regional division manager for ABB Large Motors & Generators in Europe, as well as site manager of ABB’s Motion factories in Helsinki, Finland. Kalle will be located in Vantaa.
– Mikael has been promoted after a successful turnaround of Enedo, from large losses over many years to a positive operating profit/EBIT. We will work together and further develop the Inission group. Kalle has a solid background in leading roles from the electrical industry and I am convinced that he will develop Enedo further in the next phase, says Fredrik Berghel.
– After we successfully turned around Enedo, which had been a chronic underperformer, and delisted the company, I felt my mission was accomplished and now look forward to my new role. I would like to thank all employees at Enedo for their efforts. As a successful team, we have succeeded in our mission together. We will continue to be in contact, which pleases me. I am also pleased to have succeeded in recruiting Kalle Huittinen as my successor. Kalle has a long and broad background in leading roles in the industry, says Mikael Fryklund.
About Enedo
Enedo is one of two business areas within Inission group. Enedo operates within the power electronics and systems, with operations in Finland, Italy, the USA and Tunisia.
For more information:
Fredrik Berghel, CEO Inission AB
fredrik.berghel@inission.com
+46 73 202 22 10
About Inission
Inission is a total supplier of customized manufacturing services and products in advanced industrial electronics and mechanics. Our services cover the entire product life cycle, from development and design to industrialization, volume production and aftermarket services. Inission has operations in Sweden, Norway, Finland, Estonia, Italy, the USA, and Tunisia.
Inission has a strong value-driven corporate culture of entrepreneurship and passion, which has over the past 12 months resulted in a turnover of SEK 2 billion with an average of 936 employees. Inission is listed on Nasdaq First North Growth Market with Nordic Certified Adviser AB as a certified advisor.
Inission’s offer is divided into two business areas; Contract manufacturing of electronic and mechanical products under the brand Inission and Power electronics and systems under the brand Enedo. Reports are archived at www.inission.com/en.
Inission AB, Lantvärnsgatan 4, 652 21 Karlstad
company registration number 556747–1890
The information was submitted for publication on August 10, 2023 at 10:30 CET.