Employee negotiations concluded at Suominen Ikamer
SUOMINEN CORPORATION STOCK EXCHANGE RELEASE 17 AUGUST 2009 AT 9.15 A.M. EMPLOYEE NEGOTATIONS CONCLUDED AT SUOMINEN IKAMER Employee negotiations started in June at Suominen Flexibles' Ikaalinen plant have been concluded. The negotiations were started due to a temporary decline in the demand for products of Suominen Ikamer and to secure the competitiveness of the plant. As a result of the negotiations, lay-offs estimated to total 38 days involving the entire personnel, approximately 60 people, will be implemented during the autumn. The first 10-day period will be held between September and October. Possible other lay-off periods will be decided separately. Tampere, 17 August 2009 SUOMINEN CORPORATION Petri Rolig President and CEO For additional information please contact: Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300 Mr. Mikko Pellinen, Vice President and General Manager, tel. +358 (0)10 214 2201
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