Japrotek Oy Ab, a Subsidiary of Uutechnic Group, Starts Co-Determination Negotiations
PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE BULLETIN JANUARY 26, 2016 at 9:00 am
JAPROTEK OY AB, A SUBSIDIARY OF UUTECHNIC GROUP, STARTS CO-DETERMINATION NEGOTIATIONS
Japrotek Oy Ab, a subsidiary of Uutechnic Group, starts co-determination negotiations according to co-operation act of Finland. The negotiations are based on the restructuring of operations and on the financial and productive reasons of the company. Negotiations concern entire personnel. Possible terminations of employment contracts concern less than 10 persons and possible temporarily lay-offs will last less than 90 days.
In Uusikaupunki January 26, 2016
PLC UUTECHNIC GROUP OYJ
Board of Directors
Information: Martti Heikkilä, CEO, Plc Uutechnic Group Oyj +358 40 543 1324