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2009-08-04 13:00:00 CEST 2009-08-04 13:00:02 CEST REGULATED INFORMATION PKC Group Oyj - Company AnnouncementPKC GROUP'S CO-DETERMINATION NEGOTIATIONS IN RAAHE HAVE ENDEDPKC Group Oyj Company Announcement 4 August 2009 2 p.m. PKC GROUP'S CO-DETERMINATION NEGOTIATIONS IN RAAHE HAVE ENDED PKC Group has today finalised the co-determination negotiations in its unit in Raahe for lay-offs due to weak demand of industrial electronics devices. As a result of the negotiations PKC Electronics shall lay-off 60 persons for an indefinite period. Lay-offs shall be carried out in phases by the end of December. PKC Group Oyj Harri Suutari President & CEO For additional information, contact Harri Suutari, President & CEO, PKC Group Oyj, + 358 400 384 937 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 2008 totalled EUR 311.7 million. PKC Group Oyj is listed on NASDAQ OMX Helsinki Ltd. |
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