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2015-11-05 13:30:00 CET 2015-11-05 13:30:02 CET REGULATED INFORMATION Honkarakenne Oyj - Company AnnouncementHONKARAKENNE OYJ TO INITIATE NEGOTIATIONS UNDER THE ACT ON CO-OPERATION WITHIN UNDERTAKINGSHONKARAKENNE OYJ Stock Exchange Release 5 November 2015 at 02:30 p.m. HONKARAKENNE OYJ TO INITIATE NEGOTIATIONS UNDER THE ACT ON CO-OPERATION WITHIN UNDERTAKINGS Honkarakenne Oyj initiates co-operation negotiations concerning its white collar personnel in Finland. According to a preliminary estimation by the company, the co-operation negotiations may result in temporary lay-offs lasting 90 days at most by the end of May 2016. The co-operation negotiations aim to secure the company's competitiveness despite seasonal variation and the development of sales. It is estimated that the co-operation negotiations will be concluded by the end of November. HONKARAKENNE OYJ Marko Saarelainen President and CEO FURTHER INFORMATION Marko Saarelainen, President and CEO, tel. +81 90 3216 9085, marko.saarelainen@honka.com or Mikko Jaskari, CFO, tel. +358 400 535 337, mikko.jaskari@honka.com DISTRIBUTION NASDAQ OMX Helsinki Key media Financial Supervisory Authority www.honka.com |
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