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2009-08-18 09:00:01 CEST 2009-08-18 09:00:11 CEST REGULATED INFORMATION Tiimari Oyj Abp - Company AnnouncementTiimari is looking for new strategic options for its promotional gifts businessTiimari Plc Stock exchange release August 18, 2009 at 10.00 TIIMARI IS LOOKING FOR NEW STRATEGIC OPTIONS FOR ITS PROMOTIONAL GIFTS BUSINESS Tiimari has resolved to focus on its retail sales businesses and the business specialising in sales promotion gifts and PR-solutions is no more regarded as a focus area. Tiimore's sales in 2008 was EUR 1.1 million and it employs 8 persons. Thus, Tiimari has decided to look for new strategic solutions for the promotional gifts business in its subsidiary Tiimore Oy. Codetermination negotiations are commenced with the whole personnel in Tiimore. Eventual solutions are not expected to have a major effect on the full year profits. Tiimari Plc Hannu Krook, CEO Further information: CEO Hannu Krook tel. + 358 (0)3 812911, e-mail hannu.krook@tiimari.fi Distribution: NASDAQ OMX Helsinki important news media www.tiimari.com Tiimari Plc is a listed company. The group consists of two retail shop concepts: Tiimari and Gallerix. These two concepts do business in seven countries within the Baltic Sea region and there are altogether nearly 300 shops. All three concepts belong to the forerunners of their market segment. In the corporation there is also a company called Tiimore Oy which specializes in corporate gifts and sales promotion solutions. |
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