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2009-06-22 10:01:00 CEST 2009-06-22 10:01:26 CEST REGULATED INFORMATION Fiskars - Company AnnouncementCodetermination negotiations concluded at Fiskars plant in BillnäsFiskars Corp. Stock Exchange Release June 22, 2009 at 11 AM CODETERMINATION NEGOTIATIONS CONCLUDED AT FISKARS PLANT IN BILLNÄS Fiskars Brands Finland has concluded codetermination negotiations with personnel in its manufacturing plant in Billnäs, Finland. On the basis of these, the company has decided to make 13 employees redundant. In addition, approximately 360 people will be laid off for 3-6 weeks depending on the unit. The codetermination negotiations covered around 380 people. At the start of negotiations, layoffs were estimated to impact a maximum of 15 people. Further information: Thomas Enckell, President, Fiskars Garden EMEA, tel. +358 40 503 8464 Jari Ojala, Director, Billnäs plant, Fiskars Garden EMEA, tel. +358 50 306 1079 FISKARS CORPORATION Kari Kauniskangas Fiskars is a leading global supplier of consumer products for the home, garden and outdoors. The group has a strong portfolio of trusted international brands including Fiskars, Iittala, Gerber, Silva, and Buster. Associated company, Wärtsilä Corporation, is also an important part of the group, and forms one of Fiskars' operating segments, together with the Americas, EMEA, and Other. Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland's oldest company. Fiskars recorded net sales of €697 million in 2008, and employs some 4,100 people. www.fiskars.fi |
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