|
|||
2009-02-03 13:30:00 CET 2009-02-03 13:30:01 CET REGULATED INFORMATION Efore - Company AnnouncementEFORE INITIATES STATUTORY JOINT NEGOTIATIONS IN FINLANDEFORE PLC Stock Exchange Release February 3, 2009 at 2.30 p.m. EFORE INITIATES STATUTORY JOINT NEGOTIATIONS IN FINLAND Efore continues to streamline its operations to assure profitability and has started to investigate adjusting its operative functions and costs in order to meet the structural changes in the global market situation caused by the financial crisis. The company has today issued an invitation to the representatives of personnel to participate in statutory joint negotiations as per the Act on Co-operations within Undertakings. The purpose of these negotiations is to streamline the company's operations and costs to meet the market situation. The adjusting measures will involve approximately 30 employees in Finland. There are currently 96 employees in Finland. Also operations in the company's American subsidiary will be streamlined to meet the current market situation. For further information please contact Mr. Reijo Mäihäniemi, President and CEO, tel. +358 9 4784 6312 EFORE PLC Reijo Mäihäniemi President and CEO DISTRIBUTION Nasdaq OMX Helsinki Oy Principal media Efore Group is an international company providing services for ICT, industrial automation and health care industries. Its operations comprise energy saving custom-designed power supplies, power systems, manufacturing of demanding electronics, and related service and maintenance. Efore's head office is in Espoo, Finland. Besides Finland, the company's product development and marketing units are located in China, the USA and Sweden. Its production units are located in China, Estonia and the USA. In the fiscal year ending in October 2008, consolidated net sales totaled EUR 78,3 million and the Group's personnel averaged 637. The company's share is quoted on the Nasdaq OMX Helsinki Ltd. www.efore.com |
|||
|