PKC Group Oyj - Company Announcement

PKC'S CO-DETERMINATION NEGOTIATIONS IN FINLAND HAVE ENDED

PKC Group Oyj         Company Announcement 3 October 2011           2.00 p.m.



PKC'S CO-DETERMINATION NEGOTIATIONS IN FINLAND HAVE ENDED



PKC Group Oyj's subsidiary, PKC Electronics Oy, has today finalised the
co-determination negotiations in Finland. 



Negotiations were conducted on the basis of employer's initiative made on 17
August 2011, according to which the estimated need for personnel cuts totalled
80. As a result of the negotiations the need for personnel cuts was specified
to 77 persons. 



Rationalisation measures lead to approximately EUR 1.1 million in non-recurring
expenses for the last quarter on this year. This has no effect on the
previously published outlook for the future. 



PKC Group Oyj



Harri Suutari

President & CEO



For additional information, contact

Harri Suutari, President & CEO, PKC Group Oyj, +358 400 384 937



Distribution

NASDAQ OMX

Main media

www.pkcgroup.com





The PKC Group offers design and contract manufacturing services for wiring
harnesses, cabling and electronics. The Group has production facilities in,
Finland, Brazil, China, Estonia, Ireland, Mexico, Poland, Russia and the USA.
The Group's net sales in 2010 totalled EUR 316.1 million. PKC Group Oyj is
listed on NASDAQ OMX Helsinki Ltd.