Kempower, a leading rapid charging technology provider, organizes a share issue for all employees. This is the first employee share issue organized by Kempower. By organizing the share issue, Kempower aims to foster employee commitment. Moreover, Kempower, owned by the Kemppi Group Oy, gives the opportunity to its personnel to benefit from the potential increase in company’s value.

” Kempower has succeeded in gaining share of the international EV charging market in a short period of time. As the owners of the company, we are very pleased with what the Kempower staff has achieved together. We want to reward them for working until now and in the future for Kempower’s successful growth”, said Antti Kemppi, Chair of the Board of Directors, Kempower.

” I am extremely proud of the Kempower team. Each one of them is a professional, ready to work together towards a common goal. Now we offer all Kempower employees an opportunity to invest and become a shareholder of Kempower”, said Tomi Ristimäki, CEO, Kempower.

The share issue that was launched on 1st of October 2021 is targeted for Kempower’s employees working in Finland. Kempower will launch a separate plan for Kempower employees working outside Finland by the end of October 2021.

With headquarters and production facilities in the Finnish city of Lahti, Kempower develops rapid EV charging technology for electric cars, buses, off-highway vehicles, and marine vessels. The company’s product development and production are rooted in Finland.

Kempower is continuing to scale up its production capabilities to meet the strong growth of the e-mobility market. In July 2021, the company announced plans to open a new factory in Lahti, enabling it to scale up production by approximately 500% compared to its current capacity.

 

For more information, please contact:

Tomi Ristimäki, CEO, Kempower Oy, tomi.ristimaki@kempower.com, +358 44 289 9815

Kempower, media relations:

Paula Savonen, Director, Communications, Kempower Oy, paula.savonen@kempower.com, +358 400 343 851