evroc appoints Skanska CFO Magnus Persson on the path to build Europe’s first hyperscale cloud

Stockholm, April 11, 2024 — evroc, the company building Europe’s first secure, sovereign, and sustainable hyperscale cloud, today announced the appointment of Magnus Persson as Chief Financial Officer to lead the company’s financial operations on the path to operating 10 hyperscale data centers in Europe by 2030. Persson will join evroc from Skanska, one of the world's leading project development and construction companies, where he has served as CFO since 2018.

Mattias Åström, evroc founder and CEO:

”We’re establishing critical cloud and AI infrastructure for Europe. Magnus' extensive experience from building and financing large-scale infrastructure projects will be key to our mission. We are delighted to welcome him to the team.”

Backed by global technology investor EQT Ventures and impact investor Norrsken VC, evroc last year announced its plans to build Europe’s first hyperscale cloud. In November 2023, evroc announced the selection of Stockholm as the location for its first flagship data center, serving as a scaling platform for evroc’s hyperscale cloud and potential epicenter for AI development in Europe. By 2030, evroc aims to establish 10 hyperscale data centers, as well as three software development hubs, across the continent, employing over 10,000 people in total.

About evroc evroc is building a sustainable hyperscale cloud and Europe’s critical AI infrastructure. The company is headquartered in Stockholm, Sweden, with development offices in Sophia Antipolis, France, and London, the United Kingdom. By 2030, evroc will operate 10 hyperscale data centers, employing more than 10,000 people, across Europe. For further information, visit evroc.com.