Savosolar changes its name to Meriaura Group and sells its solar thermal business to its subsidiary Meriaura Energy <\/b><\/p>\n
\nAs decided in Savosolar Plc\u2019s Annual General Meeting on 12.5.2023, the name of Savosolar Oyj will change to Meriaura Group Oyj, Meriaura Group Abp in Swedish and Meriaura Group Plc in English. At the same time, the company\u2019s domicile will move to Turku. The changes will take place on 1.6.2023.<\/p>\n
The names of the trading codes of the company\u2019s share will change accordingly: in First North Growth Market Sweden, the new ticker is MERIS, and in First North Growth Market in Finland, MERIH. The ISIN codes of the shares will not change. Trading with the new tickers will begin approximately on the first day of June.<\/p>\n
In addition, the Board of Directors of Savosolar Plc, authorized by the Annual General Meeting, has today decided on the sale of Savosolar\u2019s Renewable Energy business on 31.5.2023 to Meriaura Energy Oy, a new subsidiary wholly owned by the Group.<\/p>\n
The Savosolar name will remain in use by the new company as an auxiliary business name and as a well-known and respected high-class brand in the solar thermal market. Savosolar\u2019s solar thermal business will be part of Meriaura Energy\u2019s renewable energy business.<\/p>\n
The aim of the planned changes is to clarify the corporate structure by separating the renewable energy business unit from the Group\u2019s parent company into a separate entity, as has been done for maritime logistics in the other business area. The parent company, in turn, focuses on the Group\u2019s administration and investor relations. The renewed corporate structure clarifies the Group\u2019s administration and business operations as a whole.<\/p>\n
As of 1.6.2023, Savosolar\u2019s entire personnel will transfer to Meriaura Energy as existing employees, with the exception of the Group\u2019s CEO, CFO and administrative assistant, who will remain in the service of the parent company. In addition, Meriaura Energy Oy\u2019s Board of Directors has today 30.5.2023 appointed MEng, MBA Antti Lilleberg as the CEO for Meriaura Energy. He has previously worked as Sales and Marketing Director in Savosolar.<\/p>\n
Meriaura Group\u2019s new website with investor information will open on 1.6.2023 at meriauragroup.com<\/a>. At the same time, the pages concerning the solar thermal business will be moved to address meriauraenergy.com<\/a>.<\/p>\n These changes have no affect on Meriaura Ltd’s business.<\/p>\n","protected":false},"excerpt":{"rendered":" Savosolar changes its name to Meriaura Group and sells its solar thermal business to its subsidiary Meriaura Energy As decided in Savosolar Plc\u2019s Annual General Meeting on 12.5.2023, the name…<\/p>\n","protected":false},"author":2,"featured_media":4146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-4150","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"_links":{"self":[{"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/posts\/4150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/comments?post=4150"}],"version-history":[{"count":2,"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/posts\/4150\/revisions"}],"predecessor-version":[{"id":4152,"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/posts\/4150\/revisions\/4152"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/media\/4146"}],"wp:attachment":[{"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/media?parent=4150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/categories?post=4150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meriaura.fi\/en\/wp-json\/wp\/v2\/tags?post=4150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}