Scania appoints Lundstedt as new CEO

Swedish heavy-truck maker Scania has appointed Martin Lundstedt as new president and chief executive officer to replace Leif Östling on September 1st, the company said Saturday.

Scania appoints Lundstedt as new CEO

Östling, 66, will be leaving the company he has headed since 1994 to become a member of the board of management of German carmaker Volkswagen, Scania’s biggest shareholder, the Swedish group said.

Lundstedt, born in 1967, is currently an executive vice president at Scania and head of its franchise and factory sales.

He said he had no immediate plans for any changes to Scania.

“We have a good long-term strategy that we’re going to continue,” he told Swedish news agency TT.

Lundstedt joined Scania in 1992 and has held various senior positions, including head of its industrial operations in France from 2001 to 2005. He was also senior vice president of the trucks division until 2007.

In the first quarter of the year, Scania reported a 28-percent fall in net profit to 1.8 billion kronor (203 million euros, $268 million), owing to weaker demand and high development costs.

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Two hospitalized in Munich after activist crashes parachute into Euro 2020 stadium

At least two people were hospitalised Tuesday after a Greenpeace activist crash-landed on the pitch before the Germany-France match at Euro 2020 when his powered parachute microlight struck spidercam cables at Munich's Allianz Arena.

Two hospitalized in Munich after activist crashes parachute into Euro 2020 stadium
The activist lands on the turf of the Allianz Arena. credit: dpa | Christian Charisius

The pilot flew over the pitch just before kick-off in the Group F clash with “Kick out oil” written on the canopy of his parachute.

However, when the pilot hit television cables above the pitch, it knocked his microlight off balance and he landed on the turf after clipping one of the stands, where the casualties happened.

The activist was arrested soon after landing.

A Munich police spokesman told AFP that at least two people suffered head injuries and “both had to be taken to hospital, we don’t know yet how serious the injuries are”.

The police spokesman said the activist appears to have escaped injury, but “we are considering various criminal charges. Munich police has zero understanding for political actions that put lives at risk”.

UEFA also slammed the botched stunt.

“This inconsiderate act – which could have had very serious consequences for a huge number of people attending – caused injuries to several people attending the game who are now in hospital and law authorities will take the necessary action,” European football’s governing body said in a statement.

The parachutist above the stadium. Photo: dpa | Matthias Balk

“The staging of the match was fortunately not impacted by such a reckless and dangerous action, but several people were injured nonetheless.”

The stunt was a protest against German car manufacturer Volkswagen, one of the sponsors of the European Championship, Greenpeace explained in a Twitter post.

“UEFA and its partners are fully committed to a sustainable Euro 2020 tournament and many initiatives have been implemented to offset carbon emissions,” said UEFA.

Greenpeace said they regretted any harm caused.

“This protest was never intended to disrupt the game or hurt people,” read a Twitter post on Greenpeace’s official German account.

“We hope that everyone is OK and that no one was seriously injured. Greenpeace actions are always peaceful and non-violent.”

“Unfortunately, not everything went according to plan.”

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