Componenta - Company Announcement

Adaptation measures at Componenta have mainly ended

Componenta Corporation Stock Exchange Release 16.7.2010 at 9.31

The demand outlook in all of Componenta's customer sectors improved during the
second quarter of 2010 and the Group's order book at the end of June 2010 was
62% higher than at the corresponding time in the previous year. The adaptation
measures taken in production that began towards the end of 2008 have mainly
ended as the order book has grown. The voluntary arrangement for a 20%
reduction in salary agreed with some 400 key personnel has also ended. 

The adaptation measures taken by the Group affected altogether 1,600 people in
all the countries where Componenta has operations, namely in Finland, Turkey,
the Netherlands and Sweden. The Group utilized all available forms of flexible
working with personnel and only made permanent reductions when it had fully
utilized all other adaptation measures. The goal was to protect jobs and
safeguard the company's competitive standing. This also ensured stable
deliveries for customers. 

The adaptation measures were carried out in constructive cooperation with
personnel which demonstrated the strong commitment of personnel to the company.
At the same time they have also made it possible to raise production volumes
quickly in response to the growing needs of the market. 

Helsinki, 16 July 2010     

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO



Further information:

Heikki Lehtonen
President and CEO
tel. +358 10 403 00
Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 300 million in 2009. The Group employs approx.
4,300 people (end June 2010). Componenta's shares are quoted on the NASDAQ OMX
Helsinki. Componenta specializes in supplying cast and machined components and
total solutions made of them to its global customers who are manufacturers of
vehicles, machines and equipment. 
Componenta  Corporation 
Panuntie 4 
FI-00610 Helsinki , Finland
Tel. +358 10 403 00
Fax +358 10 403 2721
www.componenta.com

Attachments:

release_16072010.pdf