Vaahto Group Plc Oyj - Company Announcement

JAPROTEK OY AB, A SUBSIDIARY OF VAAHTO GROUP, CONCLUDES CO-DETERMINATION NEGOTIATIONS

Helsinki, Finland, 2015-06-24 11:00 CEST (GLOBE NEWSWIRE) -- VAAHTO GROUP PLC
OYJ STOCK EXCHANGE BULLETIN 24.6.2015 at 12:00 

JAPROTEK OY AB, A SUBSIDIARY OF VAAHTO GROUP, CONCLUDES CO-DETERMINATION
NEGOTIATIONS 

Japrotek Oy Ab, a subsidiary of Vaahto Group, has concluded the
co-determination negotiations according to co-operation act of Finland on
adjusting the company's operations to the weakened market and demand situation.
Negotiations concern entire personnel excluding major sales functions. The
conclusion of the negotiations is that the personnel adjustments shall be
started at the earliest in August 2015 according to the company's financial
situation and order book. Japrotek Oy Ab has 58 employees in Pietarsaari. 



In Lahti June 24, 2015



VAAHTO GROUP PLC OYJ

Board of Directors




         Information:
         Sami Alatalo, Chairman of the Board of Directors, Vaahto Group Plc Oyj
         tel. +358 40 826 2066
         Kalle Rasinmäki, CEO, Vaahto Group Plc Oyj  tel. +358 40 566 4250