|
|||
![]() |
|||
2010-05-24 16:50:00 CEST 2010-05-24 16:50:01 CEST SÄÄNNELTY TIETO Neomarkka - Company AnnouncementNEOMARKKA'S SUBSIDIARY REKA CABLES' CO-DETERMINATION NEGOTIATIONS FINISHEDNEOMARKKA PLC STOCK EXCHANGE RELEASE 24 May 2010 at 17.50 NEOMARKKA'S SUBSIDIARY REKA CABLES' CO-DETERMINATION NEGOTIATIONS FINISHED Neomarkka Plc's subsidiary Reka Cables Ltd's co-determination negotiations that started on 6 April 2010, have been finished. The negotiations concerned all employees in the company's Finnish factories in Hyvinkää, Riihimäki and Keuruu and aimed at adjusting company's business to the weak market situation. The negotiations resulted to total of 15 dismissals by 15 June 2010 and to lay-offs longer that 90 days concerning 10 employees. Neomarkka Oyj Markku E. Rentto Managing Director Further information: Jorma Leskinen, Mananging Director, Reka Cables Ltd, tel. +358 20 720 0311 Tuula Råman, Production Manager, Reka Cables Ltd, tel +358 20 720 0277 www.neomarkka.fi Neomarkka Plc's strategy is to invest mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought both through dividend flow and an increase in value. Neomarkka's B shares are listed on the NASDAQ OMX Helsinki main market. |
|||
|