2015-11-17 10:30:00 CET

2015-11-17 10:30:01 CET


SÄÄNNELTY TIETO

Suomi Englanti
Scanfil Oyj - Company Announcement

PARTNERTECH AS TO START STATUTORY NEGOTIATIONS TO RESTRUCTURE OPERATIONS IN MOSS, NORWAY


SCANFIL PLC    STOCK EXCHANGE RELEASE  17 NOVEMBER 2015   11.30 a.m.

PARTNERTECH AS TO START STATUTORY NEGOTIATIONS TO RESTRUCTURE OPERATIONS IN
MOSS, NORWAY 

Today at 11.30 a.m. Finnish time, PartnerTech AB's  Norwegian subsidiary,
PartnerTech AS, informed the representatives of the company's personnel groups
about the intention to restructure the company's operations. PartnerTech AS has
also announced that it will initiate a communication and negotiation process
with the representatives of the personnel groups, in accordance with Norwegian
legislation.  The option of discontinuing production at the factory will also
be discussed in the negotiations. The restructuring negotiations concern all
personnel in PartnerTech AS. 

The negative impact on earnings resulting from a possible factory closing is
estimated at approximately EUR 5 million - EUR 7,5 million. The respective cash
impact is estimated at approximately EUR 3 million - EUR 5,5 million. 



SCANFIL PLC

Petteri Jokitalo
CEO



Additional information:
CEO Petteri Jokitalo
Tel +358 8 4882 111



Distribution         NASDAQ OMX, Helsinki
                           Major Media
                           www.scanfil.com



Scanfil Group is an international contract manufacturer and systems supplier.
Its customers include international operators in the automation, energy, data
transmission and health technology sectors, and companies operating in fields
related to urbanization, among other industries. Scanfil is listed on the
Helsinki Stock Exchange. 

In 2015 Scanfil acquired PartnerTech AB, the leading Swedish contract
manufacturer. Partnertech's  turnover in 2014 was SEK 2.2 billion. Company has
operations in Sweden, Norway, Finland, Poland, the UK, the United States and
China.