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2007-11-26 16:57:08 CET 2007-11-26 16:57:08 CET REGULATED INFORMATION Neomarkka - Company AnnouncementNEOMARKKA´S SUBSIDIARY REKA CABLES LTD´S CO-OPERATION NEGOTIATIONS FINISHEDNeomarkka Plc STOCK EXCHANGE RELEASE NOVEMBER 26, 2007 NEOMARKKA´S SUBSIDIARY REKA CABLES LTD´S CO-OPERATION NEGOTIATIONS FINISHED Neomarkka Plc´s subsidiary Reka Cables Ltd´s co-operation negotiations concerning factories in Hyvinkää and in Riihimäki are finished. The negotiations started on November 5th, 2007. The outcome of the negotiations is lay-offs. Dismissals were avoided. The lay-offs concern at first stage about 70 and at maximum about 100 employees. The maximum lay-off time per employee is six weeks. The lay-offs will be hold mainly during the winter time. Neomarkka Plc Sari Tulander CFO FURTHER INFORMATION: Managing Director Markku E. Rentto tel. +358 207 209 191 Managing Director Jorma Leskinen, Reka Cables Ltd, tel. +358 209 200 311 DISTRIBUTION OMX Nordic Exchange, Helsinki Main media www.neomarkka.fi |
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