CTEK AB to Concentrate Operations to Two Divisions - Creates A Variety of Synergies and A Streamlined and More Profitable EVSE Operation

CTEK AB (publ) will conduct the Group's operations in two divisions - Consumer and Professional. The new Professional division will combine the previous Original Equipment and Energy & Facilities divisions. The planned changes should be considered in the context of the similarity of the procurement process as well as the projects, regardless of whether the customer is an automotive manufacturer, energy company or a car park operator.

The company also changing the current name of the Aftermarket division to Consumer, which more accurately describes the division's primary customer segment.