Atria Oyj - Company Announcement

Atria to launch an efficiency improvement programme in Finland

Seinäjoki, Finland, 2011-03-17 09:00 CET (GLOBE NEWSWIRE) -- Atria Plc, Company
Announcement, 17 March 2011, 10:00 am 



Atria Finland is launching an efficiency improvement programme to achieve
annual savings of approximately EUR 4 million in its cost structure. The
efficiency improvement programme concerns the operations of the Nurmo
production plant units. The rising prices of cereal and feed and other raw
materials are causing intense pressure to increase meat raw material and food
prices. In order to maintain its price competitiveness, Atria has deemed the
launch of an efficiency improvement programme to be essential. The cost savings
will be fully realised in 2012. 

To achieve the savings, Atria plans to cut approximately 110 man‑years of
labour from its Finnish operations. With production automation and the
amendment in the EU directive on poultry, some production units will need to
adapt the number of employees to the current production structure and
production volume. Currently, some 2,100 employees work in Atria's Finnish
operations. According to the plan, the decreases in personnel are to be
implemented through increased part-time work, pension arrangements and
redundancy packages. 

Employer-employee negotiations concerning the reorganisation of operations have
begun. In the course of these negotiations, Atria Finland will determine how
many employees can be relocated to other parts of the organisation. 

For further information, please contact Mika Ala-Fossi, Managing Director of
Atria Finland Ltd, tel. +358 40 831 0342. 


ATRIA PLC
Juha Gröhn
Deputy CEO



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