Suominen concluded employee negotiations at Tampere and Nastola plants
SUOMINEN CORPORATION STOCK EXCHANGE RELEASE 15 APRIL 2008 AT 10.00 A.M. SUOMINEN CONCLUDED EMPLOYEE NEGOTIATIONS AT TAMPERE AND NASTOLA PLANTS Employee negotiations started in March 2008 at Suominen Flexible Packaging's Tampere and Nastola plants have been concluded. As a result of the negotiations, 20 employment contracts will be terminated. In addition a reduction of 9 persons will be made through pension or other arrangements. The employee negotiations were started to secure the competitiveness of Flexible Packaging's Finnish plants. During the negotiations a reduction of 21 persons has taken place through natural redundancy or termination of fixed-term contracts. The total headcount reduction will be 50 persons, of which 48 at Tampere and 2 at Nastola. In Tampere, 15 April 2008 SUOMINEN CORPORATION Kalle Tanhuanpää President and CEO Additional information: Mr. Petri Rolig, Vice President and General Manager, Suominen Flexible Packaging, tel. +358 (0)50 5774 245
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