2010-08-03 13:00:00 CEST

2010-08-03 13:00:02 CEST


REGULATED INFORMATION

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PKC Group Oyj - Company Announcement

PKC'S CO-DETERMINATION NEGOTIATIONS IN KEMPELE HAVE ENDED


PKC Group Oyj 	Company Announcement 03 August 2010	2.00 p.m.                    

PKC'S CO-DETERMINATION NEGOTIATIONS IN KEMPELE HAVE ENDED                       

PKC Group Oyj's subsidiary, PKC Wiring Systems Oy, has today finalised the      
co-determination negotiations in Kempele wiring harness unit.                   

Negotiations were conducted on the basis of employer's initiative made on 3 June
2010, according to which the estimated need for personnel cuts totalled 50. As a
result of the negotiations the need for personnel cuts was specified to 31      
persons.                                                                        

Personnel cuts lead to approximately EUR 0.5 million in non-recurring expenses  
for the third quarter on this year. These measures are continuance for the      
earlier strategic decision to end wiring harnesses production and reduce support
functions in Kempele.                                                           



PKC Group Oyj                                                                   

Harri Suutari                                                                   
President & CEO                                                                 For additional information, contact                                             
Harri Ojala, Managing Director, PKC Wiring Systems Oy/President, Wiring         
Harnesses, tel. +358 20 1752 2440 or +372 533 35875                             


Distribution                                                                    
NASDAQ OMX                                                                      
Main media                                                                      
www.pkcgroup.com                                                                


The PKC Group offers design and contract manufacturing services for wiring      
harnesses, cabling and electronics. The Group has production facilities in      
Finland, Brazil, China, Mexico, Poland, Estonia and Russia. The Group's net     
sales in 2009 totalled EUR 201.8 million. PKC Group Oyj is listed on NASDAQ OMX 
Helsinki Ltd.