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.

By Kevin McGwin December 21, 2018
1775

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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