Oriola-KD completed negotiations to reduce positions in Swedish pharmacy chain

(Thomson Reuters ONE) -


Oriola-KD Corporation Stock Exchange Release 9 December 2011 at 11.00 a.m.

The Kronans Droghandel pharmacy chain has completed negotiations with the unions
and reduces personnel equal to 40 full time positions by the end of 2011. The
efficiency program at Kronans Droghandel now continues with focus on increasing
sales and further improving pharmacy operations.

Kronans Droghandel Apotek AB is a jointly owned company of Oriola-KD and KF
(Kooperativa Förbundet). Oriola-KD has 80 per cent and KF 20 per cent ownership
of the pharmacy company.

Oriola-KD Corporation


Eero Hautaniemi
President and CEO


Kimmo Virtanen
Executive Vice President and CFO


Further information:

Kimmo Virtanen
Executive Vice President and CFO
tel. +358 (0)10 429 2069
e-mail: kimmo.virtanen(at)oriola-kd.com

Pellervo Hämäläinen
Vice President, Communications and IR
tel. +358 (0)10 429 2497
e-mail: pellervo.hamalainen(at)oriola-kd.com

Distribution
NASDAQ OMX Helsinki Ltd
Principal media

Published by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com









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Source: Oriola-KD Oyj via Thomson Reuters ONE

[HUG#1570285]

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Bereitgestellt von Benutzer: hugin
Datum: 09.12.2011 - 10:01 Uhr
Sprache: Deutsch
News-ID 95461
Anzahl Zeichen: 1932

contact information:
Town:

Espoo

Kategorie:

Business News

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