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2009-12-17 12:30:00 CET 2009-12-17 12:30:02 CET REGULATED INFORMATION Neomarkka - Company AnnouncementNEOMARKKA'S SUBSIDIARY REKA CABELS LTD TO START CO-DETERMINATION NEGOTIATIONSNEOMARKKA PLC STOCK EXCHANGE RELEASE 17.12.2009 at 1.30 p.m. NEOMARKKA'S SUBSIDIARY REKA CABELS LTD TO START CO-DETERMINATION NEGOTIATIONS Neomarkka Plc's subsidiary Reka Cabels Ltd will start co-determination negotiations in company's factory at Keuruu. The officials and other company's factories are not part of the negotiations. With these negotiations Reka Cables aims to adjust its activities to the current market situation. Adjustments concern approximately 60 employees. Primarily the adjustments are targeted to lay-offs less than 90 days per employee but the detailed needs will be specified during the negotiations. The co-determination negotiations will start 17.12.2009 and are estimated to end during week 52/2009. Neomarkka Plc Sari Tulander CFO LISÄTIETOJA: Jorma Leskinen, toimitusjohtaja, Reka Kaapeli Oy, puh. 020 920 0311 Neomarkka Plc is an investment company that invests mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought both through dividend flow and an increase in value. The company may also invest in listed and unlisted securities and in real estates. Neomarkka's B shares are listed on the NASDAQ OMX Helsinki main market. www.neomarkka.fi |
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