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2009-12-14 13:00:00 CET 2009-12-14 13:00:02 CET REGULATED INFORMATION Ponsse Oyj - Company AnnouncementPonsse's statutory labour negotiations concludedPONSSE PLC STOCK EXCHANGE RELEASE 14 DECEMBER 2009, 2:00 P.M. Ponsse's statutory labour negotiations concluded The employee-employer negotiation procedure initiated in Ponsse Plc on 30 November 2009 came to the conclusion that in spite of the markets gradually picking up, the order book and order intake rate do not yet warrant the utilisation of full capacity. The markets have taken on a positive trend, but forecasting demand remains a challenging task. In order to ensure its ability to respond to changes in the market and in order to maintain its flexibility, the company is preparing to adapt its operations also in the coming year. The negotiations have reached a solution, according to which fixed-term temporary layoffs can be implemented as required in the functions included in the scope of these negotiations. Vieremä, 14 December 2009 PONSSE PLC Juho Nummela President and CEO FURTHER INFORMATION Juho Nummela, President and CEO, tel. +358 20 768 8914 or +358 400 495 690 DISTRIBUTION NASDAQ OMX Helsinki Ltd Principal media www.ponsse.com |
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