|
|||
2010-08-03 13:00:00 CEST 2010-08-03 13:00:02 CEST REGULATED INFORMATION PKC Group Oyj - Company AnnouncementPKC'S CO-DETERMINATION NEGOTIATIONS IN KEMPELE HAVE ENDEDPKC 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. |
|||
|