Atria Oyj - Company Announcement

Atria to centralise production of meat products in Sweden

Seinäjoki, Finland, 2012-02-16 13:00 CET (GLOBE NEWSWIRE) -- Atria Plc Company
Announcement 16 February 2012, 2:00 pm 



Atria to centralise production of meat products in Sweden

The Board of Directors of Atria Plc has decided to implement a programme
focussing on improving the profitability of Atria Scandinavia's production of
meat products.The programme is aimed at streamlining and automating the
production process of ham products and the slicing of cold cuts. 

Atria is investing approximately EUR 4.7 million in new production equipment
for the Malmö plant.The production of ham products and cold cuts will be
transferred from the Halmstad plant to the Malmö plant.The Halmstad plant will
be closed down after the production transfer.The programme is expected to
generate annual cost savings of approximately EUR 1.5 million.The closing of
the plant causes a non-recurring cost of approximately EUR 0.9 million. 

Negotiations with labour market organisations have been completed.

For more information, please contact Mr Tomas Back, General Manager of Atria
Scandinavia, tel. +46 70 3480005. 

ATRIA PLC
Juha Gröhn
CEO

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