Elcoteq Concludes Personnel Negotiations in Finland

Elcoteq Concludes Personnel Negotiations in Finland

ID: 6042

(Thomson Reuters ONE) - Elcoteq SEStock Exchange ReleaseSeptember 22, 2009, at 8.15 am (EET)The personnel negotiations concerning Elcoteq SE, Finnish Branch andElcoteq Finland Oy have been concluded. As a result of thesenegotiations the companies have decided to make altogether 10 personsredundant on financial and production grounds.The personnel negotiations in Finland were a result of organizationalchange announced August 27, 2009. The objective of these measures isto improve the Group's long-term profitability and competitiveness.Adjustments to personnel structure are continued in other locations.ELCOTEQ SEMinna AilaDirector, Communications and Corporate ResponsibilityFurther information:Markus Kivimäki, SVP Legal Affairs, tel. +358 10 413 1248Minna Aila, Director, Communications and Corporate Responsibility,tel. +358 10 413 1908About ElcoteqElcoteq SE is a leading electronics manufacturing services (EMS)company in the communications technology field. Elcoteq's globalservice offering covers the entire lifecycle of products, fromproduct development to after-market services. By further combiningmechanics expertise into its service offering, Elcoteq's vision is tobe a leading integrated electronics manufacturing services (IEMS)company.Elcoteq provides global end-to-end solutions consisting of productdevelopment services, supply chain management, NPI, manufacturing,and after market services for the whole lifecycle of its customers'products. These products include Consumer Electronics products suchas mobile and wireless phones, their parts and accessories, set-topboxes, flat panel TVs and other consumer products as well as SystemSolutions products such as wireless and wireline infrastructuresystems and modules, enterprise network products and other industrialsegment products.The Group's consolidated net sales for 2008 totaled 3.4 billion eurosand it employs approximately 13,000 persons. Elcoteq SE is listed onthe Nasdaq OMX Helsinki Ltd. For more information visit the Elcoteqwebsite at www.elcoteq.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Feintool impacted by current developments Mr. Tore Valderhaug is appointed Chief Financial Officer (CFO) of
Cermaq
Bereitgestellt von Benutzer: hugin
Datum: 22.09.2009 - 07:16 Uhr
Sprache: Deutsch
News-ID 6042
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