The credit facility will be used for general corporate purposes.

“It is important to us that the company has versatile funding sources. This new credit agreement supports the implementation of our strategy and further strengthens our good financial position. We are delighted to able to continue our long-term co-operation with OP,” says CFO Erik Hjelt.

This morning, it was also announced that Irene Kantor, Marketing and Communications Director, leaves Kojamo at the end of this year.

“I want to thank Irene for her efforts at Kojamo and I wish her every success in the future. During her time, Kojamo has grown to be a stock listed company and Lumo has developed into a strong housing brand,” says CEO Jani Nieminen.

“Our shared journey has been innovative and bold. We have achieved many great successes such as being a digital forerunner, recognition of Lumo brand, top investments and dynamic corporate culture. Kojamo’s ability and courage to renew itself has been unique both in Finland and globally. I warmly thank Kojamo for the past nine years,” says Marketing and Communications Director Irene Kantor.