Scanfil Oyj - Company Announcement

SCANFIL PLC’S SUBSIDIARY, SCANFIL EMS OY, STARTS EMPLOYER-EMPLOYEE NEGOTIATIONS AT SIEVI PLANT

SCANFIL PLC        STOCK EXCHANGE RELEASE        21 February 2012 2:00 P.M.

SCANFIL PLC'S SUBSIDIARY, SCANFIL EMS OY, STARTS EMPLOYER-EMPLOYEE NEGOTIATIONS
AT SIEVI PLANT 

Scanfil plc's subsidiary, Scanfil EMS Oy, has today invited representatives of
different personnel groups of Sievi plant to statutory employer-employee
negotiations due to production and financial reasons and business
restructuring. 

The reason for the negotiations is the low profitability of the Sievi plant and
the resulting need for adjusting and reorganising the unit's operations in
order to ensure the prerequisites for operating in a financially profitable
way. 

According to a tentative estimate, the planned measures will result in changes
in the duties and operations as well as in layoffs of approximately 90 workers,
clerical employees, and professional and managerial staff. 



SCANFIL PLCHarri Takanen
CEO



Additional information:

CEO Harri Takanen
Tel +358 8 4882 111





Distribution         NASDAQ OMX, Helsinki
                         Major Media
                         www.scanfil.com





Scanfil Group is engaged in contract manufacturing for international
telecommunications technology and professional electronics manufacturers. 
Scanfil has 35 years of experience in demanding contract manufacturing. Scanfil
is a systems supplier that offers its products and services to international
telecommunications systems manufacturers and professional electronics
customers. Typical products are equipment systems for mobile and public
switched telephone networks, automation systems, frequency converters, lift
control systems, equipment and systems for electricity production and
transmission, analysers, slot machines and different meteorological
instruments. The company has production facilities in China, Estonia, Hungary
and Finland. 

The associated company of Scanfil Group:

Greenpoint Oy (Scanfil EMS Oy's share of ownership 40%) focuses on development
and supply of solutions and equipment, which improve placements, visibility and
sales of customer products in the Point-Of-Sale. The Greenpoint product
portfolio includes a large variety of refrigerated merchandisers, displays and
integrated check-out zone concepts. The company serves both brand owners and
retail chains internationally.  Along with the European markets Greenpoint Oy
has entered North and Latin American markets through partnerships.
www.greenpoint.fi