Lauri Reinberg is the new CFO of Arricano
On August 14, 2018 Lauri Reinberg was officially appointed to the position of the Chief Financial Officer of Arricano Real Estate Plc.
Lauri joined Arricano team in October 2017 as the head of the financial control department. Before joining the company he occupied the position of Chief Financial Officer of Pocopay, a large Estonian digital banking company.
On the position of CFO of Arricano Real Estate Plc, Mr. Reinberg is responsible for managing of the financial department, implementation of a strategy and interaction with international and Ukrainian financial institutions.
Mykhailo Merkulov, CEO Arricano Real Estate Plc, notes that the professionalism and the intention to bring to Arricano team the effective European experience in financial management and in generation of financial flows are the important components of business development: “We are happy to greet Lauri in Arricano team. The financial department faces a number of tasks that involve a quick search for non-standard solutions. We have already proved to Ukrainian market that even in a down economy our company can increase its potential and demonstrate double-digit growth of financial parameters. Moreover, Arricano manages to receive bank financing for the development of new projects because the banks trust us and believe in our efficiency.”
“Finance is the most transparent, digitized and monetized sphere of the corporate activity, where KPI and efficiency can be easily calculated. Arricano has its own original know-hows, well-coordinated business processes and innovative ideas for the development in this field. Arricano is the company which makes business in Ukraine according to European principles and practices. The scope of activities and challenges are not limited to the use of financial instruments only, but contribute to the growth of the team's efficiency and the continuous improvement of all mechanisms within the company,” Lauri Reinberg, CFO of Arricano says.
It is to be recalled that revenue of Arricano in 2017 has increased by 19% in the reporting currency (US dollar). Read more information about financial results of the company's in the annual report
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