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GlobeNewswire (Europe)
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Railcare Group AB: With operations at the core, towards our long-term goals

Railcare has restructured its organisation as part of its continued growth journey. As previously communicated, the business is now divided into the three business areas: Contracting, Transport, and Technology. In addition, two new Business Area Managers have been appointed as an important step forward in this journey.

Railcare's operations are now built on these three business areas. Each with its specific offering, but also with strong synergies. In order to achieve growth and reach the company's 2027 financial targets, the business areas must expand both individually and together.

"Our customers increasingly demand comprehensive solutions, and within the Group we offer a wide range of expertise. From railway maintenance and transportation to machine and locomotive workshops. This breadth is unique in our industry and gives us a deeper understanding of our customers' challenges - whether it is the importance of locomotive revisions, track time, or reliable transportation," says Mattias Remahl, CEO of Railcare Group, and continues:

"By strengthening collaboration both within and between our business areas, we are creating the right conditions for our growth journey."

As part of this development, changes have also been made in the management team. With increased demand for machine sales and workshop services, Patrik Söderholm, previously Head of the Locomotive Workshop, has been appointed as the new Business Area Manager for Technology.

Jonny Granlund, who previously managed both Contracting and Technology, will remain Business Area Manager for Contracting. Torbjörn Larsson, formerly Head of Transport, has been appointed Business Area Manager for Transport. All three are part of the Group Management.

"With an organisational structure that places our operations at the core and is designed to scale, we are now strong and well-positioned to continue developing our business in line with our long-term goals," concludes Mattias Remahl.

Image caption: The Technology business area builds, develops, and upgrades the next generation of railway machines and locomotives - both for external customers and Railcare's own operations.

For further information contact:
Hanna Hedlund, IR, Communications and Sustainability Manager
Telephone: +46 70 658 38 09
E-mail: hanna.hedlund@railcare.se

About Railcare Group
The railway specialist Railcare offers innovative products and services for the railway; for example, railway maintenance with self-developed machines, a locomotive workshop, special transport and machine sales projects. Our market is mainly in Scandinavia and the United Kingdom. The railway industry is in a positive development with increasing traffic volumes, extensive investment programs, developing cost-effective freight and passenger transport, and rising environmental awareness. Railcare delivers both sustainable and efficient solutions that contribute to the railway, so it can be used for the maximum number of years to come. The shares of Railcare Group AB (publ) are listed on the Small Cap list of the Nasdaq Stockholm exchange. The Group has approximately 200 employees and annual sales of approximately SEK 630 million. The company's headquarters are in Skellefteå.

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© 2025 GlobeNewswire (Europe)
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