Today, on April 18th, 2016, Supervisory Board of Echo Investment S.A. appointed Mr. Nicklas Lindberg new Chief Executive Officer of the Company. Mr. Lindberg will assume his duties immediately. He will replace Mr. Piotr Gromniak, who will remain in the Company’s board as its COO.

“Putting Mr. Nicklas Lindberg in charge of Echo Investment is a step toward the company"s expansion as not only local, but also an international company,” said the Chairman of the Supervisory Board Mr. Karim Khairallah. “I"m very happy and honored to be able to lead such a dynamic and professional company as Echo Investment. This year the company is celebrating 20th anniversary of its presence at the Warsaw Stock Exchange. Over all these years it has built exceptional position and reputation. This is an excellent background to strengthen its position as the leading provider of modern office and commercial space,” said Mr. Lindberg. For last 15 years Nicklas Lindberg has been with Skanska where he worked as President for Skanska Commercial Development Europe (CDE), Skanska"s business unit that develops properties in Central and Eastern Europe and the head of Skanska Property Poland, a unit within Skanska Commercial Development Europe. Prior to that Mr. Lindberg had worked with Residential Development in the Nordics and for Skanska Russia as both CFO and CEO.