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2009-11-16 16:37:49 CET 2009-11-16 16:38:49 CET REGULATED INFORMATION Nordic Aluminium - Company AnnouncementNORDIC ALUMINIUM PLC'S EMPLOYEE NEGOTIATIONS CONCLUDEDNORDIC ALUMINIUM PLC STOCK EXCHANGE RELEASE Nov 16, 2009 5.37 pm Nordic Aluminium Plc started employee negotiations in compliance with the Act on Cooperation on October 5, 2009. These negotiations have been concluded on November 16, 2009. The negotiations were held to adapt the Company's operations to the current market situation and in addition operations reorganization and partial outsourcing. The negotiations concerned all personnel groups. The conclusion of the negotiation is that 46 employment contracts will be terminated in Kirkkonummi facility. Lay-offs will be carried out immediately. NORDIC ALUMINIUM PLC Peter Högel Managing Director For further information please contact: Managing Director Peter Högel, Nordic Aluminium, tel. +358 20 7660 206 Distribution: NASDAQ OMX Helsinki Ltd. The Main Media www.nordicaluminium.fi NOAE2009 |
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