HELSINKI, FINLAND: Kamux Corporation, a leading Nordic retailer of used cars and related services, announced today that Kerim Nielsen, its Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of the company in early 2024.

He will continue in his current position at least until December 31, 2023. The recruitment process for his successor will be started immediately.

Nielsen joined Kamux Corporation in 2019 and has been responsible for developing and expanding the company’s operations in Sweden, where it has 18 showrooms and over 200 employees.

Under his leadership, Kamux has increased its capacity in Sweden by opening three new showrooms and has started efficient measures to improve the profitability of Swedish operations.

CEO Tapio Pajuharju thanked Nielsen for his contribution and wished him all the best for the future. “Kerim has played a key role in strengthening our position in the Swedish market and delivering our growth strategy. He has built a strong team and a solid foundation for our future success in Sweden.

We appreciate his dedication and professionalism and we are grateful for his achievements,” Pajuharju said.

Kamux Corporation is a retail chain specializing in the sale of used cars and related integrated services that has grown rapidly. Kamux combines online shopping with an extensive showroom network to provide its customers with a great service experience anytime, anywhere.

In addition to digital channels, the company has a total of 77 car showrooms in Finland, Sweden and Germany. Since its founding, the company has sold over 450,000 used cars, 62,922 of which were sold in 2022.

Kamux’s revenue in 2022 was EUR 968.7 million and its average number of employees was 883 in terms of full-time equivalent employees. Kamux Corporation is listed on Nasdaq Helsinki Ltd.