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2009-12-30 10:00:00 CET 2009-12-30 10:00:02 CET REGULATED INFORMATION Neomarkka - Company AnnouncementCO-DETERMINATION NEGOTIATIONS OF NEOMARKKA'S SUBSIDIARY REKA KAAPELI ENDEDNEOMARKKA PLC STOCK EXCHANGE RELEASE 30 Dec 2009 at 11.00 a.m. CO-DETERMINATION NEGOTIATIONS OF NEOMARKKA'S SUBSIDIARY REKA KAAPELI ENDED Neomarkka Plc's subsidiary Reka Kaapeli Oy has finalised the co-determination negotiations started on 17 December 2009. The negotiations concerned approximately 60 employees at the company's Keuruu factory excluding the officials. The negotiations resulted to lay-offs shorter than 90 days/employee starting in January 2010. Neomarkka Plc Markku E. Rentto Managing Director Further information Jorma Leskinen, Managing Director, Reka Kaapeli Ltd, tel. +358 209 200 311 www.neomarkka.fi Neomarkka Plc is an investment company that invests mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought both through dividend flow and an increase in value. The company may also invest in listed and unlisted securities and in real estates. Neomarkka's B shares are listed on the NASDAQ OMX Helsinki main market. |
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