Science & Technology
Wed, September 19, 2012 
LINKPING, Sweden--([ BUSINESS WIRE ])--Regulatory News:
"We are now building further on our success with previous Market Areas and establish an even stronger international foothold outside the Swedish borders. At the same time I can announce that we have chosen Tomas Samuelsson and Anders Carp to head the two new operations"
Defence and security company Saab (STO:SAABB) is strengthening its business operations by setting up two new Market Areas a" Europe & Greater Middle East as well as Nordic & Baltic a" both starting 1 January, 2013. The Market Areas will be headed by Tomas Samuelsson and Anders Carp respectively. Tomas Samuelsson will hence leave his present position as Senior Vice President and Head of Business Area Dynamics at the same time and Anders Carp will leave his position as Head of Region Middle East.
In order to create profitable and long-term growth, Saab has placed clear focus on increasing its international presence and its sales outsideSweden. The expansion is directed at markets with strong demand and with the right conditions for profitable growth. With the two new additional Market Areas, Saab takes the final step in the strategy to establishing a clearer local focus and presence.
These markets have for many years been strategically important for Saab and will continue to be so in the foreseeable future. Market Area Europe & Greater Middle East will have its head office inLondon,UKand Market Area Nordic & Baltic will have its head office inStockholm,Sweden.
aWe are now building further on our success with previous Market Areas and establish an even stronger international foothold outside the Swedish borders. At the same time I can announce that we have chosen Tomas Samuelsson and Anders Carp to head the two new operations,a says Saabas President and CEO Hkan Buskhe.
At the present time, Tomas Samuelsson and Anders Carpas successors are not known but recruitment processes have begun. The future Head of Business Area Dynamics will, however, continue to be located inKarlskoga,Sweden.
Complete List of Saab Market Areas as of 1 January, 2013
AMERICAS a" Washington DC, USA, headed by Jonas Hjelm
ASIA PACIFIC a" Bangkok, Thailand, headed by Dan-...ke Enstedt
EUROPE & GREATER MIDDLE EAST a" London, Great Britain, headed by Tomas Samuelsson
INDIA a" New Delhi, India, headed by Lars-Olof Lindgren
NORDIC & BALTIC a" Stockholm, Sweden, headed by Anders Carp
SUB-SAHARAN AFRICA a" Centurion, South Africa, headed by Magnus Lewis-Olsson
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customersa changing needs.
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on September 19 at 08.30 (CET).
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