Suominen Flexibles to start employee negotiations at the Tampere plant
SUOMINEN CORPORATION STOCK EXCHANGE RELEASE 30 OCTOBER 2009 AT 1.20 P.M. SUOMINEN FLEXIBLES TO START EMPLOYEE NEGOTIATIONS AT THE TAMPERE PLANT Changes in the market situation have deteriorated the business conditions of fruit and vegetable packaging product group of Suominen Flexibles. As a result, Suominen Flexibles has today given a negotiation proposal to the representatives of employee groups at the Tampere plant according to Co-Determination Act. The negotiations concern possible termination of production of fruit and vegetable bags on the roll. In addition, the negotiations concern some line transfers in order to improve efficiency and to meet the increasing hygiene requirements. Efficiency-enhancement measures are made to secure long-term competitiveness of operations. The negotiations concerning the workforce of the Tampere plant will begin on 5 November 2009. Possible headcount reduction is approximately 25 people including both white- and blue-collar employees. Suominen Flexibles produces hygiene, food and retail packaging at its Tampere plant. The plant employs approximately 230 people. Tampere, 30 October 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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