Atria Oyj - Company Announcement

Atria to improve productivity at the Nurmo pig cutting plant

Seinäjoki, Finland, 2016-06-06 08:00 CEST (GLOBE NEWSWIRE) -- Atria Plc   
Company Announcement    6 June 2016 at 9.00 am 

Atria to improve productivity at the Nurmo pig cutting plant

In January 2015, Atria launched an investment project in Nurmo related to the
construction and modernisation of the pig cutting plant. The investment is
worth around EUR 36 million, and it is expected to generate annual cost savings
of some EUR 8 million in the plant’s operations. The investment will be
finished by the end of 2017, and the savings will begin to materialise in early
2018. 

Negotiations with the personnel concerning the investment project were
initiated in January 2015, and they have now been completed. The cutting
plant’s operations will be reorganised and working methods revised. As a result
of these arrangements, staffing will be reduced by 80 person-years by the end
of 2016. 

Following the investment, duties will change significantly. The reduction in
personnel will be implemented by means of natural attrition, internal transfers
and pension arrangements. Subcontracting in pig cutting will also be
terminated. 

For further information, please contact Mika Ala-Fossi, Executive Vice
President, Atria Finland, tel. +358 40 831 0342. 

ATRIA PLC
Juha Gröhn
CEO


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