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2009-03-18 08:01:00 CET 2009-03-18 08:01:01 CET REGULATED INFORMATION Neomarkka - Company AnnouncementNEOMARKKA´S SUBSIDIARY REKA CABLES LTD TO START CO-OPERATION NEGOTIATIONS CONCERNING OFFICIALSNeomarkka Plc STOCK EXCHANGE RELEASE MARCH 18, 2009 at 9 AM NEOMARKKA´S SUBSIDIARY REKA CABLES LTD TO START CO-OPERATION NEGOTIATIONS CONCERNING OFFICIALS Neomarkka Plc´s subsidiary Reka Cables Ltd will start the co-operation negotiations concerning officials on March 26, 2009. Reka Cables Ltd is adjusting its activities according to the changes in the market situation. Adjusting measures to take are needed also with officials. The negotiations concern all officials of Reka Cables Ltd in Hyvinkää, Riihimäki and Keuruu. At the end of February Reka Cables Ltd employed 64 officials. The major means for adjustments are estimated to be lay-offs and dismissals. The number of dismissals is estimated to be under 10 persons. More detailed need for lay-offs, length and extension of lay-offs and possible dismissals will be specified during the negotiations. The co-operation negotiations will start on March 26, 2009 and are estimated to end during week 19/2009. Neomarkka Plc Sari Tulander CFO FURTHER INFORMATION: Managing Director Jorma Leskinen, Reka Cables Ltd, tel. +358 209 200 311 DISTRIBUTION NASDAQ OMX Helsinki Main media www.neomarkka.fi |
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