SUOMINEN NONWOVENS ISSUES TEMPORARY LAY-OFF WARNING

SUOMINEN CORPORATION  STOCK EXCHANGE RELEASE 11 FEBRUARY 2010 AT 12.30 P.M.     



SUOMINEN NONWOVENS ISSUES TEMPORARY LAY-OFF WARNING                             

Due to the general market situation, and on the basis of estimates by customers,
a temporary decline is predicted in demand for nonwovens produced by Suominen.  
Therefore, the Suominen Nonwovens business unit will initiate employee          
negotiations concerning potential temporary lay-offs that involve the entire    
personnel at the Nakkila plant, approximately 180 people, or parts of the       
organisation. The intention is to implement the potential lay-offs, estimated to
total 24 days, in short periods between February and June 2010.                 


Tampere, 11 February 2010                                                       


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. Paul-Erik Toivo, Vice President and General Manager, tel. +358 (0)40 821    
3737

Latest news

Regulatory information, European Regulatory News
STOCK EXCHANGE RELEASE May 7, 2025

Inside information: Suominen announces a cost saving program to secure profitable growth

Interim report, European Regulatory News
STOCK EXCHANGE RELEASE May 7, 2025

Suominen Corporation’s Interim Report for January 1 – March 31, 2025: Navigating a challenging environment

Annual Meetings & Shareholder Rights, European Regulatory News
STOCK EXCHANGE RELEASE April 25, 2025

Decisions taken by Suominen Corporation’s Annual General Meeting and the Board of Directors