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2008-11-28 12:00:00 CET 2008-11-28 12:00:01 CET REGULATED INFORMATION PKC Group Oyj - Company AnnouncementPKC GROUP STARTS CO-DETERMINATION NEGOTIATIONS FOR TEMPORARY LAY-OFFS IN RAAHEPKC Group Oyj STOCK EXCHANGE RELEASE 28 NOVEMBER 2008 1.00 p.m. PKC GROUP STARTS CO-DETERMINATION NEGOTIATIONS FOR TEMPORARY LAY-OFFS IN RAAHE PKC Group starts today co-determination negotiations in its unit in Raahe for temporary lay-offs due to decreased demand of industrial electronics devices. Co-determination negotiations may lead to temporary lay-offs of about 60 blue-collar employees for a maximum of 3 months. PKC Group Oyj Harri Suutari President & CEO For additional information, contact Harri Suutari, President & CEO, PKC Group Oyj, + 358 400 384 937 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, Estonia and Russia, and employs over 5,500 people. The Group's net sales in 2007 totalled EUR 288.6 million. PKC Group Oyj is listed on NASDAQ OMX Helsinki Ltd. |
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