Change in UNEX Group Management

Uničov, 20 December 2011 

The UNEX engineering and metallurgical group, which is formed by the joint-stock companies UNEX and Moravské železárny, announces a change in the office of the CEO. With effect from 1 January 2012, the new CEO of UNEX Group will be Karel KALNÝ, the current Finance Director of both companies. , who has been in charge of UNEX Group over the past nine years, will make use of his experience within his new role of the Chairman of the Supervisory Boards of both UNEX a.s. and Moravské železárny a.s.

"UNEX Group succeeded in overcoming a decline in production caused by the crisis of 2008-2010 and it is once again achieving good results. The volume of contracts for the successive period gives us a real chance of making 2012 the most successful year in the modern history of our company," , summarizes the current situation.

"In the upcoming months, the main task of UNEX will be to boost profitability, particularly by increasing production performance, cost savings, effective investments, and by simplifying all processes," says Karel KALNÝ.

The announced changes in the corporate management should allow more efficient development of the executive and strategic management of the whole UNEX Group.