Relocation of kitchen production from Älmhult to Tidaholm

Relocation of kitchen production from Älmhult to Tidaholm

ID: 49736

(Thomson Reuters ONE) -


The relocation of Nobia's kitchen production from its plant in Älmhult to the
one in Tidaholm is scheduled to take place in March 2011. As a result,
approximately 75 employees in the plant organisation in Älmhult will be laid off
and around 50 persons will be recruited in Tidaholm.

"Since the negotiation process commenced in June, our employees have worked
exceptionally hard to maintain high delivery compliance. I would like to commend
and thank them on behalf of myself and all our customers," says Ingemar
Tärnskär, President of Myresjökök.

The reason for the concentration of the kitchen production to Tidaholm is to
strengthen Nobia's competitiveness through fewer and larger production units.

A number of employees will relocate and assume positions in the Tidaholm plant.
Adaptation work for employees concerned has commenced and the relocation is
scheduled to be fully completed in April 2011.

The marketing and sales organisation in Älmhult will not be affected by the
production relocation.


Nobia AB
15 December 2010


For further information, please contact:
Ingemar Tärnskär, President of Myresjökök and Senior Vice President, Nobia
Production
Ingrid Yllmark, Director Communications & IR, Nobia
Tel: +46 (0)8 440 16 00 or +46 (0)708 65 59 00


Nobia develops and sells kitchens through some 20 strong brands in Europe,
including Magnet in the UK, Hygena in France, HTH, Norema, Sigdal, Invita,
Marbodal and Myresjökök in the Nordic countries, Petra, Parma and A la Carte in
Finland, ewe and FM in Austria, Optifit in Germany and Poggenpohl globally.
Nobia generates profitability by combining economies of scale with attractive
kitchen offerings. The Group has approximately 7,500 employees and net sales of
around SEK 14 billion. The Nobia share is listed on the NASDAQ OMX Nordic




Exchange in Stockholm under the short name NOBI. Website: www.nobia.com. Read
more about the company under "About Nobia." Financial information can be found
under "Investors".




Press release PDF:
http://hugin.info/133488/R/1472654/409259.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Nobia via Thomson Reuters ONE

[HUG#1472654]


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Bereitgestellt von Benutzer: hugin
Datum: 15.12.2010 - 11:00 Uhr
Sprache: Deutsch
News-ID 49736
Anzahl Zeichen: 2885

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Stockholm



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Business News



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