Martela Oyj - Company Announcement

MARTELA INITIATES CO-OPERATION NEGOTIATIONS TO FORM SERVICE PRODUCTION UNIT

MARTELA CORPORATION     Stock exchange release    7 March 2012 at 3.00 p.m.


MARTELA INITIATES CO-OPERATION NEGOTIATIONS TO FORM SERVICE PRODUCTION UNIT

Martela has today convened a meeting for statutory co-operation negotiations
concerning the integration of activities and it's possible personnel impacts in
Martela Corporation's service production, Muuttopalvelu Grundell Oy and
Grundell Henkilöstöpalvelut Oy. The target of considered integration is to
achieve improving efficiency in the operations and to secure the clarity and
quality of the customer services. 

The negotiations concern white-collar and blue-collar employees in Martela
Corporation's service production, white-collar employees excluding foreign
removal and sales department in Muuttopalvelu Grundell Oy and white-collar
employees in Grundell Henkilöstöpalvelut Oy. It is preliminary estimated that
negotiations might lead to the maximum reduction of 20 persons. 

Regardless of the negotiations the services will be offered also in the future
in Muuttopalvelu Grundell Oy by using Grundell brand. 



MARTELA CORPORATION
Heikki Martela
Managing Director


Additional information

Martela Corporation
Heikki Martela, Managing Director, tel +358 50 502 4711
Panu Ala-Nikkola, Director, Business Unit Finland, tel +358 50 502 4728
Markku Pirskanen, CFO, tel +358 40 517 4606


Muuttopalvelu Grundell Oy
Janne Tiri, Managing Director, tel +358 40 555 2722



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

Attachments:

2012_0307_release.pdf