Plc Uutechnic Group Oyj - Other information disclosed according to the rules of the Exchange

Plc Uutechnic Group Oyj: JAPROTEK OY AB, A SUBSIDIARY OF UUTECHNIC GROUP, CONCLUDES CO-DETERMINATION NEGOTIATIONS

PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE BULLETIN JULY 12, 2017 at 11:15 am

JAPROTEK OY AB, A SUBSIDIARY OF UUTECHNIC GROUP, CONCLUDES CO-DETERMINATION
NEGOTIATIONS

Japrotek Oy Ab, a subsidiary of Uutechnic Group, concluded the co-determination
negotiations according to co-operation act of Finland. The negotiations were
based on the restructuring of operations and on the financial and productive
reasons of the company. Negotiations concerned entire personnel. It was decided
that the number of personnel will be adjusted in accordance with the company's
financial situation and order backlog. Terminations of employment contracts will
concern 11 persons maximum and temporarily lay-offs may last more than 90 days.

In Uusikaupunki July 12, 2017



PLC UUTECHNIC GROUP OYJ

Board of Directors



Further information:
Jouko Peräaho, CEO, Plc Uutechnic Group Oyj +358 500 740808

www.uutechnicgroup.fi



Uutechnic Group is focused on improving the competitiveness of its customers by
providing them advanced equipment technology and unique service concept
worldwide. The product range includes agitators, different types of pressure
vessels, process- and storage tanks, reactors and heat exchangers. Additionally
different types of long welded and machined axially symmetrical parts as rolls,
cylinders, tubes and cones.

The main industries are hydrometallurgy, mining-, pulp and paper-, food-,
fertilizer-, other chemical industries and environmental technology.

Uutechnic Group's business consists of one segment, Process Solutions, which is
divided into two business lines: Mixing Technology and Tanks & Rolls. Mixing
Technology business line consists of Stelzer Rührtechnik Int. GmbH and Uutechnic
Oy. Tanks & Rolls business line consists of Japrotek Oy Ab and AP-Tela Oy.


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