PKC Group Oyj - Company Announcement

PKC STARTS CO-DETERMINATION NEGOTIATIONS IN FINLAND

PKC Group Oyj     Company Announcement    17 August 2011    2.00 p.m.



PKC STARTS CO-DETERMINATION NEGOTIATIONS IN FINLAND



PKC Group Oyj's subsidiary, PKC Electronics Oy, has today issued a proposal to
commence co-determination negotiations. Co-determination negotiations concern
all personnel of PKC Electronics Oy, and may lead to termination of employment
relationship of a maximum of 80 persons. 



Customers have transferred their production to lower cost countries, due to
which also PKC Group's Electronics segment's operations have been grown in
lower cost countries. Planned reduction of production and support functions in
Finland is in line with strategy and aims to improve profitability. 



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,
Brazil, China, Estonia, Finland, Germany, Mexico, Poland, Russia and Ukraine.
The Group's net sales in 2010 totalled EUR 316.1 million. PKC Group Oyj is
listed on NASDAQ OMX Helsinki Ltd.