Martela Oyj - Company Announcement

MARTELA INITIATES CO-OPERATION NEGOTIATIONS TO IMPROVE SUPPLY CHAIN EFFICIENCY

MARTELA CORPORATION    Stock exchange release  13 January 2015 at 12.30 p.m.


MARTELA INITIATES CO-OPERATION NEGOTIATIONS TO IMPROVE SUPPLY CHAIN EFFICIENCY

Martela has today convened a meeting for statutory co-operation negotiations
concerning Martela's logistics center in Nummela and subsidiary Kidex Oy in
Kitee. 

The negotiations has been convened because the company has a need to improve
the operation efficiency by matching its supply chain capacity against the
market demand and the changed structure of customer demand. 

The negotiations concern blue collar employees in Martela's logistics center in
Nummela and all employees in Kidex Oy. Negotiations may lead in Nummela to the
maximum reduction of 9 persons by dismissals and/or indefinitely lay-offs and
in Kidex Oy to the maximum reduction of 25 persons by dismissals. In addition
it will be negotiated in the both locations about the actions which may lead to
the  temporary lay-offs of personnel for a maximum of 90 days. 


MARTELA CORPORATION
Heikki Martela
Managing Director

Additional information

Martela Corporation
Heikki Martela, Managing Director, tel +358 50 502 4711
Markku Pirskanen, CFO, tel +358 40 517 4606


Distribution
NASDAQ OMX Helsinki
Main news media
www.martela.com

Attachments:

2015_0113_release.pdf