Metso reduces personnel in Valkeakoski and Jämsänkoski, Finland

Metso reduces personnel in Valkeakoski and Jämsänkoski, Finland

ID: 8781

(Thomson Reuters ONE) - Metso Corporation's press release on November 24, 2009 at 12:00 p.m.local timeMetso has concluded the employee negotiations regarding their unit inValkeakoski and the Jämsänkoski Service Point belonging to it, inFinland, on November 23, 2009. As a result of the negotiation processinitiated on September 30, 2009 a total of 11 persons in regularemployment will be reduced, some of whom will be covered with pensionarrangements. The reductions will be concluded by autumn 2010. Thereduction notice applied to 17 people.The employee negotiations initiated simultaneously in Fiber businessline's (FBL) units in Sweden still continue. The reductions are partof the process to streamline FBL's operations and cost structure, toimprove its competitiveness in a changing business environment.Metso's unit in Valkeakoski, which belongs to the company's Paper andFiber business lines, specializes in equipment and related expertservices for stock preparation, recycled fiber and mechanicalpulping. A service point is located in Jämsänkoski.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.comFor more information, please contact:Hannu Tähkänen, Senior Vice President, Metso Paper Valkeakoski OyPori, FinlandTel. +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: 24.11.2009 - 11:00 Uhr
Sprache: Deutsch
News-ID 8781
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