FIN | ENG

Disclaimer

Which country do you reside?

Which country are you physically present?

Forward

Disclaimer

Access to the information and documents on this website is restricted for regulatory reasons. You are requested to review the following information and make the following confirmation each time you access this restricted information.

THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY ANY PERSONS LOCATED IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA, SINGAPORE, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL.

This website and the information contained herein are not intended for, and must not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore, and do not constitute an offer to sell or the solicitation of an offer to buy or acquire, any shares, rights or other securities of the Company in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Singapore or any other country in which it would be contrary to the laws and regulations of that country.

These materials are not an offer for sale of securities in the United States. The shares, rights or other securities of the Company referred to on this website have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration thereunder.

Access to the information and documents contained on the following websites may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. All persons residing outside of the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore who wish to have access to the documents contained on this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. The Company assumes no responsibility if there is a violation of applicable law or regulations by any person.

This information is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this document relates will be only available to, and will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

By clicking on the link below, I confirm that I have read, understand and agree to comply with all of the restrictions set forth above and that my country of residence and current location is not the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore or any other jurisdiction in which such a distribution or such access is unlawful.

I confirm I do not confirm

Kamux will open a new showroom in Stade in Germany

22.07.2019

Kamux Corporation  Press Release 22 July 2019 at 9:00 

Kamux will open a new showroom in Stade in Germany

Kamux, a company specialising in used car sales, is opening a new showroom in Stade in Germany during the early autumn in 2019.

Stade will replace Tostedt

“Due to city zoning and restrictions in Tostedt, we have made a change of plans and will be opening a new showroom in Stade instead of Tostedt. It is unfortunate, but luckily we were able to find an interesting location as a replacement which means we don’t need to compromise on our expansion pace in Germany. The Stade showroom fits well into our plans,” says Oliver Michels, German Country Director.

Stade is situated about 56 kilometres west of Hamburg. It is a center of regional importance with 200.000 inhabitants in the area of influence totally. Stade belongs to the catchment area of Hamburg metropolitan region.

Industrial hot spot with major enterprises

“Kamux Stade showroom will have an excellent location in the middle of the industrial hot spot area right next to the main road. According to Kamux’s concept, the Stade showroom will offer the whole Kamux’s car stock in Germany for our customers in the area,” says Oliver Michels, German Country Director.

Determined to expand

“We are determined to grow in German market. I am extremely proud of our German team and their ambition to expand. Kamux is a forerunner in used car sales and our vision is to be no. 1 used car retailer in Europe,” says Olli Kilpi, Director of International Business.

We are hiring new staff 

“Kamux has a unique training programme where new employees will have the opportunity to learn the profession and customer service skills. We’ll start recruiting the Stade sales team immediately. The right attitude is key, so previous experience in car sales is not essential,” says Oliver Michels, German Country Director.

More information:

Oliver Michels, KAMUX Auto GmbH, Country Director, tel. +49 40 5555 489 0

Olli Kilpi, Kamux Corporation, Director of International Business, 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 48 car showrooms in Finland, sixteen in Sweden and four in Germany. Since its founding, the company has sold more than 210,000 used cars, of which 46,596 were sold in 2018. Kamux’s revenue reached EUR 527.8 million in 2018. In 2018, Kamux’s average number of employees was 472 in terms of full-time equivalent employees. The shares of Kamux are listed on Nasdaq Helsinki.

www.kamux.com