Nurminen Logistics Oyj - Company Announcement

Nurminen Logistics is planning to transfer terminal operations from Niirala to Luumäki

Nurminen Logistics Plc                   Stock exchange release 20 January 2014
at 2:00 pm 

In order to adapt to changes in the market situation, Nurminen Logistics is
planning to reduce its terminal capacity and transfer terminal operations from
the Niirala terminal to the Luumäki terminal. The plan is to abandon indoor
storage at the Niirala terminal. Project deliveries through the Niirala project
field will be continued. 

- Volumes and prices have not developed as we would wish at Niirala. The
decline in the competitiveness of Finnish industry forces us to adapt our
capacity to demand. Deliveries through Niirala to Russia and other CIS
countries have decreased and the operations of the terminal have shown a loss
for a long time. Also, the outlook for the future does not support growth in
volumes. The transfer of the handling of specific products to Luumäki will
improve our profitability in these product groups, says Olli Pohjanvirta,
President and CEO.

According to preliminary estimates, the need for personnel reductions is at
most nine person-years. Due to the personnel impact of the planned changes,
Nurminen Logistics is launching co-determination negotiations concerning the
terminal and forwarding personnel of the Niirala location. 

The company's strategy is to strengthen its position in domestic railway
transport in Russia and nearby countries, railway transport between Finland and
Russia, as well as in special and project transport. Planned changes in
production structure will not affect this strategy. 

Nurminen Logistics Plc


Olli Pohjanvirta
President and CEO

For more information, please contact: Olli Pohjanvirta, President and CEO, tel.
+358 10 545 2431. 

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www.nurminenlogistics.com

Nurminen Logistics provides high-quality logistics services, such as railway
transport, terminal services, forwarding, special and heavy transport and
value-added services. The company has accumulated logistics know-how in three
centuries, starting in 1886. Nurminen Logistics' main market areas are Finland,
the Baltic Sea region, Russia and other Eastern European countries. The
company's share is listed on NASDAQ OMX Helsinki.