The board of directors appointed Lothar Geilen as the new CEO of Opus Group, beginning on April 1, 2017. The current CEO, Magnus Greko, will remain in the company as Vice President Strategic Business Development.

For the period 2017-2021, Opus Group today presents a new 5-year growth strategy with an ambition to: grow revenue from USD 200 million to USD 400 million; grow EBITDA from USD 40 million to USD 100 million; and grow the EBITDA margin from 20% to 25%.

Strong EBITDA growth, expansion in Latin America and new add-on acquisitions during 2016

Opus Group’s press and analyst conference will take place at 10:00 a.m. CET on February 14 in Stockholm. The conference can be followed online at the web address stated below. There will also be a telephone conference attached to the meeting.

The vehicle inspection company Opus Group has decided to move its 2016 year-end report forward to February 14 to present the company’s new growth strategy for the coming five years. The new growth strategy will be presented together with the 2016 year-end report at a press…

Today, the Swedish Government adopted regulation changes for the technical inspection of vehicles as part of the Swedish transposition of the EU’s so-called “inspection package”. The government’s decision will mandate unchanged inspection intervals compared to current intervals.

Opus Inspection Inc. is the incumbent operator of the Missouri Gateway Vehicle Inspection Program since 2007. In the current procurement process 2016 Opus Inspection was not awarded the new contract, a decision that the company has appealed.

Today, Opus Inspection has signed an agreement to acquire the U.S. based emission test equipment business from Bosch Automotive Service Solutions, Inc.  The acquired business activities include sales and service of emission test equipment in California, Pennsylvania and North…