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Swede talking

Birka Energi has switched from relying on bank lenders to bondholders over the past two years. As David Watts discovered, the culture of openness within the company is personified by chief financial officer Lars-Håkan Ellenius.

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Lars-Håkan Ellenius, chief financial officer of Birka Energi, Sweden's third largest energy company, is the stereotypical Swede. He is sun- tanned from a skiing holiday, physically imposing and sports a goatee beard.

But what is most striking about Ellenius is his affability. He greets visitors personally in reception, makes them coffee himself and is relaxed and enthusiastic during his meeting

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