Capio's BA Occupational health are to be discontinued

Capio's Occupational Health business area to be discontinued

Effective October 1, Capio's Occupational Health business area is to be
discontinued and the operating units transferred to other Capio Group
business areas. The operations of Previa in Sweden and Norway will
become part of Capio's Healthcare Nordic business sector and Previa's
operations in Great Britain will join the Group's Healthcare UK business
sector.

Stanley Brodén, Head of Capio Healthcare Nordic, and Tim Elsigood, Head
of Capio Healthcare UK, will assume responsibility for the operational
management of the respective Previa companies with effect from today's
date.

Peter Risberg, resigns as Head of the Occupational Health business area
and will leave the Group at the end of 2002. During the remainder of the
present year, Peter Risberg will remain at the disposal of Group CEO Per
Båtelson.

"In terms of geographical expansion, the Occupational Health business
area does not have the same opportunities as the rest of the Group's
business areas. In order to create growth, business logic and increased
efficiency, we are now transferring the Previa companies to those two
business sectors within Capio that already have geographically
distributed operations in the Nordic region and the United Kingdom,"
says Per Båtelson, President and Chief Executive Officer of Capio.

The business operations of the Previa units are not affected by the
reorganisation.

Today, the operations of Capio Occupational Health generate annual sales
of approximately
SEK 1,000 M, with some 1,150 employees based in Sweden, Norway and the
UK.

Gothenburg, September 9, 2002
Capio AB (publ)

Questions should be addressed directly to:
Stanley Brodén, Head of Capio's Healthcare Nordic business sector
+46 31-732 40 20, +46 70 602 72 11
Tim Elsigood, Head of Capio's Healthcare UK business sector +44 1234 278
803, +44 7885 821 565

Capio


  CONTACT  
  • Saila Horttanainen
  • + 46 (0)31 732 40 08
  •  

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Capio's BA Occupational health are to be discontinued