Incap to launch co-operative negotiations in corporate services

Incap to launch co-operative negotiations in corporate services

ID: 301286

(Thomson Reuters ONE) -


Incap Corporation
Stock Exchange Release    30 September 2013 at 5 p.m.


INCAP TO LAUNCH CO-OPERATIVE NEGOTIATIONS IN CORPORATE SERVICES

Incap Corporation has today invited the personnel working in corporate services
in Finland as well as the expatriate employees of the company to negotiations in
accordance with the Co-operative Act. In order to increase the efficiency of
operations and to improve the cost structure Incap is planning a reorganisation
of corporate services and eventual transfer of certain functions to the
company's other locations or organisation units.

A total of 19 persons are invited to the negotiations. Based on a preliminary
estimate the eventual measures to be negotiated may lead to a reorganisation or
reductions affecting approximately 16 employees.

The first meeting in the negotiations will take place on 7 October 2013, and the
estimated duration of negotiations is at least six weeks.

INCAP CORPORATION

Fredrik Berghel
President and CEO

Additional information:
Susanna Pyykkö, Group HR Manager, tel. +358 40 143 3957
Hannele Pöllä, Director, Communications and IR, tel. +358 40 504 8296

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi

INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers include
leading equipment suppliers in energy-efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia, India and China. The Group's revenue in 2012
amounted to EUR 64.1 million, and the company currently employs approximately
600 people. Incap's share is listed on the NASDAQ OMX Helsinki. Additional




information: www.incap.fi.





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: Incap Oyj via Thomson Reuters ONE
[HUG#1732385]




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Bereitgestellt von Benutzer: hugin
Datum: 30.09.2013 - 16:00 Uhr
Sprache: Deutsch
News-ID 301286
Anzahl Zeichen: 2693

contact information:
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Helsinki



Kategorie:

Business News



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