October 2014

Michel Bracké will step down as the Chairman of the Board of Urbanista AB after a successful industrial sale of the company.

During the last 1,5 year we succeeded in turning the company around from a virtual bankruptcy to a profitable, cash flow positive company with a strong and innovative product portfolio.

It’s been a challenging but exciting turn around case, and a good example of what dedication, focus and hard work can achieve.

Urbanista Ab is now part of a strong and growing international industrial player within the telecom area and continues to grow rapidly. It’s a win win for both parties as Urbanista will contribute to profitable growth and diversification of an already interesting product portfolio of itäs new owner.