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Monday 12 March, 2018

Kamux Oyj

Kamux Oyj: Kamux to expand in Sweden: 11. showroom in Linköping

Kamux Oyj: Kamux to expand in Sweden: 11. showroom in Linköping

Kamux Corporation Press Release, 12 March 2018, 13:00

Kamux to expand in Sweden: 11. showroom in Linköping

Kamux, a company specialising in used car sales, continues its strong growth. Kamux is now expanding its operations in Sweden by opening a new showroom in Linköping in June 2018.

Showroom network expanding

"With the showroom in Linköping, we will strengthen our foothold in Sweden. At present Kamux has ten showrooms in Sweden. Linköping will be the eleventh Kamux showroom in Sweden," says Robin Toss, Swedish Country Director.

Linköping is a university and technology city with about 150,000 inhabitants. Linköping is located in Östergötland County, about 170 kilometres southwest from Stockholm.

Growth means good selection of cars to customers

"The showroom in Linköping is the next step in Kamux's growth in the Swedish market. The expansion also means a larger selection of cars for our customers. According to the Kamux's concept the entire Swedish selection of about 600 cars is within the reach of customers, regardless of where or how they choose to do business. Our selection in Germany is also equally available to our Swedish customers", says Olli Kilpi, Director of International Operations of Kamux.

Suitable location found in a known retail area

"We found a suitable location for a car showroom at Grytstorpsgatan 8. Initially, there will be a sales manager and four salespersons serving Kamux customers in Linköping. In total, we will have approximately 1,700 square metres of space. The number of cars in the showroom will be about hundred", Kilpi continues.

Kamux hiring new salespersons

"As a growing company, we are continuously hiring new staff, particularly new salespersons. We strive to be a car dealership where our customers find it easy and comfortable to shop, and this is why we invest a lot in training our sales staff. The right attitude is key and, therefore, previous experience in car sales is not essential," Country Director Toss says.


More information:

Robin Toss, Kamux Ab, Country Director, tel. +46 702 807 057

Olli Kilpi, Kamux Oyj, Director, International Operations, tel. +358 40 674 1032


Kamux Corporation is a retail chain specializing in the sale of used cars and related integrated services that has grown rapidly. The first Kamux car showroom started its operations in 2003 in Hämeenlinna, Finland and the company currently has 42 car showrooms in Finland, ten in Sweden and two in Germany. Since its founding, the company has sold more than 160,000 used cars, of which 40,957 were sold in 2017. Kamux's revenue reached EUR 454.9 million in 2017. In 2017, Kamux's average number of employees was 418 in terms of full-time equivalent employees. The shares of Kamux are listed on Nasdaq Helsinki.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kamux Oyj via Globenewswire

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