|
|||
2010-01-19 13:10:00 CET 2010-01-19 13:10:02 CET REGULATED INFORMATION Technopolis - Company AnnouncementTHE OUTCOME OF TECHNOPOLIS DEVELOPMENT SERVICES RESTRUCTURINGTECHNOPOLIS PLC STOCK EXCHANGE RELEASE January 19th, 2010 at 14.10 p.m. THE OUTCOME OF TECHNOPOLIS DEVELOPMENT SERVICES RESTRUCTURING Technopolis Ventures has concluded the restructuring of its non-profit programs. The negotiations executed according to the Finnish Co-Operation Act, which were announced in Stock Exchange Releases of 5.10.2009 and 6.11.2009, and the related reorganization of activities, have now been concluded in all Technopolis Ventures companies except Jyväskylä. The original estimated effect on the personnel was 25-30 employees. Technopolis Ventures has transferred all of its non-profit programs to local partners in Espoo, Kuopio, Lappeenranta and Oulu as of January 1, 2010. The number of employees transferred to local partners through this process was 16. An additional 7 employees have either resigned, been dismissed or are on leave. The negotiations concerning the transfer of Technopolis Ventures' incubation operations in Jyväskylä are still in process, and are expected to be finalized around January 31, 2010. This affects 2 employees. Technopolis Ventures Group has 21 employees after reorganization of activities. TECHNOPOLIS PLC Keith Silverang CEO Phone: +358 40 566 7785 Additional information: Will Cardwell, CEO, Technopolis Ventures Ltd Phone: + 358 40 514 1325 Distribution: NASDAQ OMX Helsinki Major news media www.technopolis.fi |
|||
|