CODETERMINATION NEGOTIATIONS AT SUOMINEN FLEXIBLE PACKAGING LTD. COMPLETED

Tampere, Finland, 2012-08-21 09:00 CEST (GLOBE NEWSWIRE) -- Suominen Corporation                    Stock exchange release 21.8.2012 at 10.00 a.m.


Codetermination negotiations at Suominen Flexible Packaging Ltd. completed

The codetermination negotiations that began on 6 August 2012 at the Tampere plant of Suominen Flexible Packaging Ltd. have been completed. Due to low demand for products of Suominen Flexible Packaging Ltd. 151 people will be temporarily laid off for maximum 40 days. The lay-offs will be implemented in short periods until the end of February 2013.

Helsinki, 21 August 2012

Suominen Corporation

Nina Kopola
President and CEO


For additional information, please contact:
Mrs. Nina Kopola, President and CEO, tel. +358 (0)10 214 3551
Mr. Mikko Pellinen, Vice President and General Manager, tel. +358 (0)50 555 7534

Suominen supplies industry and retailers with nonwovens, wet wipes and flexible packaging for use in consumer products that people use every day – through two business areas: Wiping and Flexibles.



Distribution:
NASDAQ OMX Helsinki Ltd.
Main media
www.suominen.fi

 

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