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2014-08-08 07:45:17 CEST 2014-08-08 07:46:18 CEST REGULATED INFORMATION Honkarakenne Oyj - Company AnnouncementHONKARAKENNE OYJ TO INITIATE NEGOTIATIONS UNDER THE ACT ON CO-OPERATION WITHIN UNDERTAKINGSHONKARAKENNE OYJ Stock Exchange Release 08 August 2014, 8:45 a.m. HONKARAKENNE OYJ TO INITIATE NEGOTIATIONS UNDER THE ACT ON CO-OPERATION WITHIN UNDERTAKINGS Honkarakenne Oyj initiates co-operation negotiations concerning all its personnel in Finland. According to a preliminary estimation by the company, the co-operation negotiations may result in temporary lay-offs lasting 90 days at most by the end of February 2015. The lay-off plans concern all personnel groups. The co-operation negotiations aim to secure the company's competitiveness despite seasonal variation and the development of sales. It is estimated that the co-operation negotiations will be concluded by the end of August. HONKARAKENNE OYJ Mikko Kilpeläinen President and CEO FURTHER INFORMATION Mikko Kilpeläinen, President and CEO, tel. +358 50 542 5884, mikko.kilpelainen@honka.com Mikko Jaskari, CFO, tel. +358 400 535 337, mikko.jaskari@honka.com DISTRIBUTION NASDAQ OMX Helsinki Key media Financial Supervisory Authority www.honka.com |
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