SCANFIL PLC'S SUBSIDIARY, SCANFIL EMS OY, STARTS EMPLOYER-EMPLOYEE NEGOTIATIONS IN SIEVI
| 2009-08-05 SCANFIL PLC STOCK EXCHANGE RELEASE 5 AUGUST 2009 12.15 p.m. SCANFIL PLC'S SUBSIDIARY, SCANFIL EMS OY, STARTS EMPLOYER-EMPLOYEE NEGOTIATIONS IN SIEVI Scanfil plc's subsidiary, Scanfil EMS Oy, has today invited representatives of the Sievi plant to statutory employer-employee negotiations due to production and financial reasons and business restructuring. The reason for negotiations is weakening in demand at Sievi plant, which causes a need to reorganize and restructure production operations. According to a tentative estimate, the planned measures will result in changes in the duties and operations as well as in layoffs of approximately 70 workers and clerical employees. SCANFIL PLC Harri Takanen President Additional information: President Harri Takanen Tel +358 8 4882 111 Distribution OMX Nordic Exchanges, Helsinki Major Media www.scanfil.com Scanfil Group comprises the investment and parent company Scanfil plc, and a subgroup called Scanfil EMS Oy, which is engaged in contract manufacturing for international telecommunications technology and industrial electronics manufacturers. The objective of the investment activities is to make the management of the company?s funds more effective and productive by diversifying the risks and finding new growth potential. Scanfil has over 30 years of experience in demanding contract manufacturing. Scanfil is a systems supplier that offers its products and services to international telecommunications systems manufacturers and industrial electronics customers. Typical telecommunications products include equipment systems for mobile and public switched telephone networks. Automation systems, frequency converters, lift control systems, equipment and systems for electricity production and transmission, analysers, slot machines and different meteorological instruments are just some examples of the industrial electronics products we manufacture. The company has production facilities in China, Estonia, Hungary and Finland. |