|
|||
2008-11-06 14:00:00 CET 2008-11-06 14:00:00 CET REGULATED INFORMATION Nordic Aluminium - Company AnnouncementNORDIC ALUMINIUM PLC'S EMPLOYEE NEGOTIATIONS CONCLUDEDNORDIC ALUMINIUM PLC STOCK EXCHANGE RELEASE Nov 6, 2008 3 p.m. NORDIC ALUMINIUM PLC'S EMPLOYEE NEGOTIATIONS CONCLUDED Due to market downturn Nordic Aluminium Plc started employee negotiations in compliance with the Act on Cooperation on September 25, 2008. These negotiations have been concluded on November 6, 2008. The negotiations were held to adapt the Company's operations to the current market situation and to the expected operational and economical prospects. The negotiations concerned all personnel groups. The conclusion of the negotiations is that there is a need to reduce approximately 75 persons of the personnel at the Kirkkonummi and Nivala factories. Part of the personnel reduction has already been accomplished during the negotiations through reduction of rental workers and temporary personnel. Further approximately 30 employment contracts will be terminated. NORDIC ALUMINIUM PLC Robert Paajanen Managing Director For further information please contact: Managing Director Robert Paajanen, Nordic Aluminium, tel. +358 20 7660 220 Distribution: NASDAQ OMX Helsinki Ltd. The Main Media www.nordicaluminium.fi NOAE1208 |
|||
|