Incap to start Cooperation negotiations in Finland
(Thomson Reuters ONE) -
Incap Corporation Stock Exchange Release
26 August 2010, 9 a.m.
INCAP TO START COOPERATION NEGOTIATIONS IN FINLAND
Incap has convened negotiations in accordance with the Cooperation Act in its
operations in Finland. The negotiations concern temporary layoffs for a maximum
total duration of 90 days, due to production and financial reasons. The company
aims at adapting its operations according to the decreased revenue and at
gaining savings in costs.
The negotiations concern 186 employees who work in Incap's factories in Vaasa
and Helsinki as well as in corporate services. The personnel of the Vuokatti
factory is not involved, as the factory will be closed down during autumn and
most of the employees are on term of notice with no obligation to work.
The first meeting will be held in the end of August and the target is to
conclude the negotiations as soon as possible.
INCAP CORPORATION
Sami Mykkänen
President and CEO
Further information:
Sami Mykkänen, President and CEO, Tel. +358 40 559 9047
Hannele Pöllä, Director, Communications and HR, Tel. +358 40 504 8296
DISTRIBUTION
Nasdaq OMX Helsinki Ltd.
Principal media
INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire lifecycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers are
leading equipment suppliers in energy-efficiency and well-being technology, for
which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia and India. The Group's revenue in 2009 amounted
to around EUR 70 million, and the company currently employs approximately 780
people. Incap's share is listed on the NASDAQ OMX Helsinki. For additional
information, please contact www.incap.fi.
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Source: Incap Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 26.08.2010 - 08:01 Uhr
Sprache: Deutsch
News-ID 40111
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contact information:
Town:
Helsinki
Kategorie:
Business News
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"Incap to start Cooperation negotiations in Finland"
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