During his tenure, he played a pivotal role in successfully guiding the company through multiple ownership transitions, improving operations and customer service and setting a vision for future growth. At the same time, FAMAR Group is pleased to announce the appointment of Dr. Riku Rautsola as CEO, effective September 29, 2025. Riku has served as a non-executive member of FAMAR's Board of Directors and an advisor to MidEuropa during the acquisition of FAMAR last year. Riku will also continue to serve as a member of the Board of Directors. Kostas will support Riku and the Board of Directors in a senior advisory capacity, focusing on strategic customer relationships and customer engagement.