Arctia CEO steps down after a merger, slowdown in international operations
The Finnish icebreaking firm plans to use a merger to add new services as foreign icebreaking activities dry up.
Finnish icebreaking firm Arctia has replaced Tero Vauraste as its CEO in connection with a merger that will see the company broaden its offerings as it seeks to make up for a shrinking market for services to the offshore oil and gas industry.
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