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2011-12-09 10:00:00 CET 2011-12-09 10:00:32 CET REGULATED INFORMATION Oriola-KD Oyj - Company AnnouncementOriola-KD completed negotiations to reduce positions in Swedish pharmacy chainOriola-KD Corporation Stock Exchange Release 9 December 2011 at 11.00 a.m. The Kronans Droghandel pharmacy chain has completed negotiations with the unions and reduces personnel equal to 40 full time positions by the end of 2011. The efficiency program at Kronans Droghandel now continues with focus on increasing sales and further improving pharmacy operations. Kronans Droghandel Apotek AB is a jointly owned company of Oriola-KD and KF (Kooperativa Förbundet). Oriola-KD has 80 per cent and KF 20 per cent ownership of the pharmacy company. Oriola-KD Corporation Eero Hautaniemi President and CEO Kimmo Virtanen Executive Vice President and CFO Further information: Kimmo Virtanen Executive Vice President and CFO tel. +358 (0)10 429 2069 e-mail: kimmo.virtanen@oriola-kd.com Pellervo Hämäläinen Vice President, Communications and IR tel. +358 (0)10 429 2497 e-mail: pellervo.hamalainen@oriola-kd.com Distribution NASDAQ OMX Helsinki Ltd Principal media Published by: Oriola-KD Corporation Corporate Communications Orionintie 5 FI-02200 Espoo, Finland www.oriola-kd.com [HUG#1570285] |
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