2012-04-05 07:15:00 CEST

2012-04-05 07:15:01 CEST


REGULATED INFORMATION

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Scanfil Oyj - Company Announcement

CLOSURE OF STATUTORY NEGOTIATIONS AT SCANFIL PLC’S SUBSIDIARY SCANFIL EMS OY


SCANFIL PLC   STOCK EXCHANGE RELEASE   5 APRIL 2012  8.15 A.M.

CLOSURE OF STATUTORY NEGOTIATIONS AT SCANFIL PLC'S SUBSIDIARY SCANFIL EMS OY

The statutory employer-employee negotiations at Scanfil EMS Oy that started on
21 February 2012 have been completed. The reason for the negotiations was the
low profitability of the Sievi plant and the resulting need for adjusting and
reorganising the unit's operations in order to ensure the prerequisites for
operating in a financially profitable way. 

Based on the results of the negotiations, Scanfil EMS Oy's Board of Directors
has decided that total of 64 workers and salaried employees will be made
redundant. Terminations will be carried out until the end of May. 

The measures made by Scanfil EMS Oy will not have an effect on the future
prospects published by Scanfil plc on 1 March 2012. 



SCANFIL PLC

Harri Takanen
CEO



Additional information:
President Harri Takanen
Tel +358 8 4882 111



Distribution         NASDAQ OMX, Helsinki
                         Major Media
                         www.scanfil.com





Scanfil Group is engaged in contract manufacturing for international
telecommunications technology and professional electronics manufacturers.
Scanfil has 35 years of experience in demanding contract manufacturing. Scanfil
is a systems supplier that offers its products and services to international
telecommunications systems manufacturers and professional electronics
customers. Typical products are equipment systems for mobile and public
switched telephone networks, automation systems, frequency converters, lift
control systems, equipment and systems for electricity production and
transmission, analysers, slot machines and different meteorological
instruments. The company has production facilities in China, Estonia, Hungary
and Finland. 

The associated company of Scanfil Group:
Greenpoint Oy (Scanfil EMS Oy's share of ownership 40%) focuses on development
and supply of solutions and equipment, which improve placements, visibility and
sales of customer products in the Point-Of-Sale. The Greenpoint product
portfolio includes a large variety of refrigerated merchandisers, displays and
integrated check-out zone concepts. The company serves both brand owners and
retail chains internationally.  Along with the European markets Greenpoint Oy
has entered North and Latin American markets through partnerships.
www.greenpoint.fi