Martela Oyj - Company Announcement

Martela to streamline its supply chain

MARTELA CORPORATION      STOCK EXCHANGE RELEASE    1.3.2016 at 3.00 p.m.



MARTELA TO STREAMLINE ITS SUPPLY CHAIN

Martela has today invited representatives of the personnel of its Bodafors
facility in Sweden to negotiations under the Swedish Co-Determination at Work
Act. The negotiations concern improvements to the efficiency of operations at
the Martela Ab logistics centre in Bodafors and the possible impact this will
have on the personnel. The purpose of the measures being considered is to
create a more flexible supply chain in response to a changed and more varied
customer demand and to implement the Martela Lifecycle strategy more
effectively. In addition to improving the supply chain, the planned measures
target a EUR 0.5 million reduction in annual costs. The savings are part of the
EUR 4.0 million savings programme Martela announced in April 2015. 

All personnel at the Martela Ab logistics centre in Bodafors are included
within the scope of the negotiations. According to the company’s preliminary
assessment, the negotiations may possibly lead to a maximum reduction of 17
people. 



Helsinki, 1 March 2016

Martela Corporation

Matti Rantaniemi

CEO



Further information:

Martela Corporation

Matti Rantaniemi, CEO, tel. +358 50 465 8194
Markku Pirskanen, CFO, tel. +358 40 517 4606



Distribution

NASDAQ OMX Nordic

Main media

www.martela.com

Attachments:

2016_0301_release.pdf