Scanfil Oyj - Company Announcement

SCANFIL VANTAA OY TO START STATUTORY NEGOTIATIONS TO RESTRUCTURE OPERATIONS

SCANFIL PLC           STOCK EXCHANGE RELEASE        19 SEPTEMBER 2016   1:00
P.M. 

SCANFIL VANTAA OY TO START STATUTORY NEGOTIATIONS TO RESTRUCTURE OPERATIONS

Scanfil Sweden AB’s Finnish subsidiary, Scanfil Vantaa Oy, has today at 1.00
p.m. invited representatives of different personnel groups to statutory
employer-employee negotiations due to production and financial reasons and
business restructuring. The possibility to close down the production at the
factory will also be discussed in the negotiations. The restructuring
negotiations concern all personnel in Scanfil Vantaa Oy. 

Turnover of Scanfil Vantaa Oy in 2015 was about EUR 16.4 million and operating
loss about EUR 0.08 million. The number of employees is 69. 



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 is an international contract manufacturer and system supplier for the
electronics industry with 40 years of experience in demanding contract
manufacturing. Scanfil provides its customers with an extensive array of
services, ranging from product design to product manufacturing, material
procurement and logistics solutions. Vertically integrated production and a
comprehensive supply chain are the foundation of Scanfil’s competitive
advantages: speed, flexibility and reliability. 

Typical Scanfil products include mobile and communications network devices,
automation system modules, frequency converters, lift control systems,
analysers, various slot and vending machines, and devices related to medical
technology and meteorology. Scanfil services are used by numerous international
automation, energy, IT and health service providers, as well as companies
operating in the field of urbanisation. Scanfil’s network of factories consists
of 12 production units in Europe, Asia and North America. The total number of
employees is 3,800.