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2009-11-26 08:00:00 CET 2009-11-26 08:00:03 CET REGULATED INFORMATION Digia Oyj - Company AnnouncementDIGIA'S COOPERATION NEGOTIATIONS COMPLETEDDIGIA PLC STOCK EXCHANGE RELEASE 26 NOVEMBER 2009 AT 9:00 A.M. DIGIA'S COOPERATION NEGOTIATIONS COMPLETED Digia Plc has completed the cooperation negotiations started on 6 November 2009, and decided to close down the sites in Kuopio, Turku, Lahti and Vaasa, and reduce labour in Pori. The cooperation negotiations concerned a total of 110 employees. In the course of the negotiations Digia has been able to offer new jobs in another location to most of the employees affected by the shutdowns. The company estimates that the redundancies will, including Pori, finally amount to a total of 40-60 persons, depending on the number of employees willing to accept a new job in another location. In Pori a termination notice will be served to a total of 8 persons. Personnel reductions will be effected during a period of 1.1.2010-30.6.2010. The company will support the employees who are willing to move to another location on permanent basis. In addition, the company will pay agreed support packages to employees whose employment will be terminated. The company estimates that the support packages and personnel reductions will carry one-off expenses in the total amount of some 900.000 euros, which will affect the company's result for the last quarter of 2009. Despite such expenses, the profitability of the company's operative business will remain on a good level also during the last quarter. The company believes that through the efficiency measures so effected the company will create a site network that better meets the market demand and the customers' needs and further strengthen the company's competitiveness and profitability. Digia Plc Board of Directors Further information: Juha Varelius, President and CEO Tel. +358 400 855849, E-mail: juha.varelius@digia.com Distribution: NASDAQ OMX Helsinki Key media |
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