BOREO PLC Stock exchange release 10 February 2026 at 18:20 EET
Changes in the organisation of Boreo Plc's finance function
Boreo Plc announced on 1 December 2025 that the company’s Chief Financial Officer, Jesse Petäjä, will leave his position and pursue new opportunities outside the company.
The company has decided, for the time being, not to appoint a separate Chief Financial Officer. The responsibilities of the finance function will be divided between two individuals as an interim arrangement.
In accordance with this arrangement, the company has appointed Rafael Osmanov on an interim basis to the position of Head of M&A and Financing. Osmanov will commence in his role on 10 February 2026 and will be responsible for the company’s M&A and financing activities. Osmanov has over 15 years of experience in private equity, M&A, capital markets and other expert roles. He holds a Master’s degree in Economics and Business Administration.
Sami Hanerva, Vice President Finance, will be responsible for the company’s financial reporting. Hanerva has been with the company since 2020 and has been responsible, among other things, for Boreo’s external financial reporting.
During the transition period, both individuals will report to Boreo’s Chief Executive Officer.
Vantaa, 10 February 2026
Boreo Plc
Kari Nerg
CEO
Distribution:
NASDAQ Helsinki Ltd
Principal media
www.boreo.com
For more information:
CEO Kari Nerg
+358 44 341 8514
Boreo in brief:
Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium-sized companies in the long-term. Boreo's business operations are organized into two business areas: Electronics and Technical Trade.
Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.
The Group's net sales in 2024 were EUR 134 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.