Employee cooperation negotiations end in Finland

Employee cooperation negotiations end in Finland

ID: 8739

(Thomson Reuters ONE) - CARGOTEC CORPORATION, PRESS RELEASE, 23 NOVEMBER 2009 AT 2 P.M. EETEmployee cooperation negotiations end in FinlandCargotec has completed cooperation negotiations regarding temporarylayoffs and redundancies in Finland on 23 November 2009. Thenegotiations resulted in permanent reduction of 168 employees inFinland, of whom 97 persons will be affected by an actual lay-off inTampere unit. In addition, temporary lay-offs in the Tampere unitcontinue.These measures are part of the plan to merge Hiab and Kalmar businessareas and to adjust to the market situation. Cargotec employsapproximately 1,300 people in Finland.Further information for the press:Matti Sommarberg, Chief Technology Officer and Country Manager,FinlandTel. +358 (0)3 265 8240Minna Karhu, Vice President, Corporate CommunicationsTel. +358 (0)204 55 4630Further information for investors:Paula Liimatta, IR ManagerTel. +358 (0)204 55 4634Cargotec improves the efficiency of cargo flows by offering solutionsfor the loading and unloading of goods on land and at sea - wherevercargo is on the move. Cargotec's main daughter brands for cargohandling Hiab, Kalmar and MacGregor are global market leaders intheir fields. Cargotec's global network offers extensive servicesthat ensure the continuous, reliable and sustainable performance ofequipment. Cargotec's sales totalled EUR 3.4 billion in 2008 and itemploys approximately 10 500 people. Cargotec's class B shares arequoted on the NASDAQ OMX Helsinki. www.cargotec.comThis 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: 23.11.2009 - 13:01 Uhr
Sprache: Deutsch
News-ID 8739
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CARGOTEC CORPORATION, STOCK EXCHANGE ANNOUNCEMENT, 3 NOVEMBER 2009 AT 2:30 P.M. EET Cargotec's Financial Information in 2010 Cargotec Corporation will disclose the following financial information in 2010: - Financial Statements for t ...

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