2013-01-31 13:00:00 CET

2013-01-31 13:00:05 CET


REGULATED INFORMATION

Finnish English
Nurminen Logistics Oyj - Company Announcement

Nurminen Logistics starts co-determination negotiations for its Finnish operations


Nurminen Logistics Plc                             Stock exchange release 31
January 2013 at 2 pm 



Nurminen Logistics Group is to commence co-determination negotiations
pertaining to all personnel in Finland. The company is planning structural
changes to improve its competitiveness and boost the efficiency of its Finnish
operations. The reasons for the planned changes include structural changes in
demand and flows of goods in Finland and the insufficient profitability of the
Group's Finnish operations. The negotiations concern all of the company's
personnel in Finland, 270 employees in total. The adjustment requirement is
estimated to be no more than 28 man-years. The aim of the changes is to achieve
some EUR 800,000 in annual cost savings at the Group level. The planned
measures would involve a one-time cost of no more than EUR 400,000, which would
be recorded in the second quarter of 2013. 

The planned changes in production structure will not affect the company's
strategy of strengthening its position in domestic railway transport in Russia
and nearby countries as well as railway transport between Finland and Russia. 



Nurminen Logistics Plc


Topi Saarenhovi
President and CEO

For more information, please contact: Topi Saarenhovi, President and CEO, tel.
+358 10 545 2431 



DISTRIBUTION
NASDAQ OMX Helsinki
Major media
www.nurminenlogistics.com

Nurminen Logistics provides high-quality logistics services, such as railway
transports, terminal services, forwarding, special and heavy transport and
value added services. The company has collected logistics know-how from three
centuries, starting in 1886. Nurminen Logistics' main market areas are Finland,
the Baltic Sea region, Russia and other Eastern European countries. The
company's share is listed on NASDAQ OMX Helsinki.