Suominen Flexibles to start enployee negotiations at the Norrköping plant
SUOMINEN CORPORATION STOCK EXCHANGE RELEASE 11 AUGUST 2009 AT 10.30 A.M. SUOMINEN FLEXIBLES TO START EMPLOYEE NEGOTIATIONS AT THE NORRKÖPING PLANT Changes in the market situation have substantially affected to profitability of Suominen Flexibles' Norrköping plant. As a result, Suominen Flexibles has today given a negotiation proposal to the representatives of employee groups at the plant according to Sweden's Co-Determination Act. The negotiations concern possible termination of production operations at Norrköping and transfers to Suominen Flexibles' plant in Poland in order to secure competitiveness of the business and to serve customers better from the centralised production units. The negotiations concern about 30 people and will begin on 18 August 2009. Tampere, 11 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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