Metso reduces and temporarily lays off personnel in Pori, Finland

Metso reduces and temporarily lays off personnel in Pori, Finland

ID: 8487

(Thomson Reuters ONE) - Metso Corporation's press release on November 17, 2009 at 10:40 a.m.local timeMetso has concluded the employee negotiations regarding their unit inPori, Finland on November 16, 2009. As a result of the negotiationprocess initiated on September 30, 2009 a total of 80 persons inregular employment will be reduced, almost half of whom will becovered with pension arrangements. 32 persons will be affected by anactual lay-off. The reductions will commence immediately, accordingto legal terms of notice.Temporary lay-offs may affect all personnel during 2010. The membersof staff to be temporarily laid off, and the duration and timing ofthese lay-offs will depend on the workload. The temporary lay-offnotice applied to all the employees in the Pori unit, in total about230 people, and the reduction notice to about 95 people.The employee negotiations initiated simultaneously in other Fiberbusiness line units in Finland and Sweden still continue. Thereductions are part of the process to streamline Fiber businessline's operations and cost structure, to improve its competitivenessin a changing business environment.Metso's units in Pori are part of the company's Fiber business line.They specialize in machinery and related expert services for chemicalpulping.Metso is a global supplier of sustainable technology and services formining, construction, power generation, automation, recycling and thepulp and paper industries. We have over 26,500 employees in more than50 countries. www.metso.comFurther information for the press, please contact:Hannu Tähkänen, Senior Vice President, Pulp Drying, Fiber businessline, Pori, Finland, Tel. +358 40 551 7947This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 17.11.2009 - 09:41 Uhr
Sprache: Deutsch
News-ID 8487
Anzahl Zeichen: 0

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