Magnus has worked for Scaent AB since its establishment and although starting his Scaent AB career as an experienced trader, he subsequently worked his way up to become head of the trading department and eventually secured the position of Deputy Managing Director for the company.
Jonas Garbaravičius, Executive Vice President of the Scaent Group and former Managing Director of Scaent AB, has contributed greatly to the accelerated development of the company, including its growth from being a relatively minor player to becoming one of the leading suppliers of electricity within Scandinavia.
“I’m proud to count myself as one of the founders of the Scaent Group and it’s been an interesting and rewarding experience to have come all this way with Scaent AB. Now that Scaent AB is fully established, stable and commands a significant market share, I believe that my role in the transformation of the company is complete. Therefore it is now time to hand over my duties and responsibilities and to fully focus on my new role as Executive Vice President of the Scaent Group and to support and push the continuing development of the complete Group operations”, – said Jonas Garbaravičius.
“The current strategy of the Scaent Group is the steady diversification beyond the electricity sector, and there is a number of interesting projects currently in their initial stages. So, Mr. Garbaravičius’
“I’m happy to continue to contribute to the further growth and development of Scaent AB, a company that has become a significant part of my life. The Scaent Group’s key strategy in the energy sector is the continued increase of electricity trading volumes in Scandinavia and the Baltic Countries. Therefore I realize that the continued success of Scaent AB will play a major role in the implementation of the Scaent Group’s global strategy. I am fully aware that my new role is not a minor undertaking, but I am confident that the faith shown in my abilities will be confirmed over the coming years”, – commented Magnus Astrom.
Editor’s notes
About Scaent AB
Scaent AB was founded in September 2003 and was established to undertake electricity trading within the Nordic region and to invest in projects related to those activities. Scaent AB’s main line of activity is import of electricity from Russia to Scandinavia and electricity trading in the Nordic power and finance market. The company has created a unique team of professional specialists that not only ensured the success of the company but in addition the development of the Scaent Group investment house.
