Appointments at Baltic Connector Oy
Baltic Connector Oy has made two key personnel appointments. Tom Främling (54) will take up his duties in the company as Project Director on 1 October 2016, and Arto Rämö (49) will begin as Chief Financial Officer on 16 November 2016.
“With these appointments the company gains significant experience in the branch and solid expertise. This gives us a good foundation for further developing our operations and improving their effectiveness,” says Herkko Plit, who will start Baltic Connector Oy’s President and CEO in the beginning of October.
Tom Främling is currently JVC Limited’s Project Director in Ghana, in a project on the offshore side. He has more than 25 years’ experience in project management of gas and oil industry projects. In 2012–2014 he was Managing Director of Bilfinger Industrial Services Finland Oy. His career prior to that included a number of years at Neste Jacobs in various managerial roles.
Arto Rämö comes to Baltic Connector Oy from Stora Enso, where he has occupied different positions in financial management since 1997. Since 2015, he has been head of development projects in supply chain management at Stora Enso Consumer Board, which produces board for various printing and packaging applications.
Baltic Connector Oy is a State-owned company established in 2015. Its task is to implement Finland’s part of the Balticconnector gas pipeline project. The Balticconnector is a bi-directional gas pipeline between Finland and Estonia that will connect the gas networks of Finland and the Baltic countries.
The company’s operations are starting up in earnest this autumn. Besides the appointment of the CEO, a new Board Chairman, Esa Härmälä, was also appointed in September.
The European Commission has announced it will award a total of EUR 187.5 million to Baltic Connector Oy and the Estonian transmission network company Elering AS for construction of the gas pipeline. In September, the Government proposed EUR 28 million for the project in the third supplementary budget proposal of 2016. The construction costs of the pipeline, which would be completed at the start of the next decade, are EUR 250 million.
Inquiries: Herkko Plit, President and CEO, Baltic Connector Oy (from 1 October 2016), tel. +358 50 462 0788