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2009-06-17 09:07:04 CEST 2009-06-17 09:07:40 CEST REGULATED INFORMATION PKC Group Oyj - Company AnnouncementPKC GROUP STARTS CO-DETERMINATION NEGOTIATIONS IN RAAHEPKC Group Oyj Company Announcement 17 June 2009 10.05 a.m. PKC GROUP STARTS CO-DETERMINATION NEGOTIATIONS IN RAAHE PKC Group's subsidiary, PKC Electronics Oy, has today issued a proposal to commence co-determination negotiations for lay-offs of personnel for an indefinite period. Co-determination negotiations may lead to lay-offs of 60 blue-collar employees. Durations and timing of the lay-offs may vary and shall be specified during the negotiations. 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, Poland, Estonia and Russia, and employs about 5,000 people. The Group's net sales in 2008 totalled EUR 311.7 million. PKC Group Oyj is listed on NASDAQ OMX Helsinki Ltd. |
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