Stock Exchange Release 30 September 2013 at 5 p.m.
INCAP TO LAUNCH CO-OPERATIVE NEGOTIATIONS IN CORPORATE SERVICES
Incap Corporation has today invited the personnel working in corporate services
in Finland as well as the expatriate employees of the company to negotiations in
accordance with the Co-operative Act. In order to increase the efficiency of
operations and to improve the cost structure Incap is planning a reorganisation
of corporate services and eventual transfer of certain functions to the
company's other locations or organisation units.
A total of 19 persons are invited to the negotiations. Based on a preliminary
estimate the eventual measures to be negotiated may lead to a reorganisation or
reductions affecting approximately 16 employees.
The first meeting in the negotiations will take place on 7 October 2013, and the
estimated duration of negotiations is at least six weeks.
President and CEO
Susanna Pyykkö, Group HR Manager, tel. +358 40 143 3957
Hannele Pöllä, Director, Communications and IR, tel. +358 40 504 8296
NASDAQ OMX Helsinki Ltd
INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers include
leading equipment suppliers in energy-efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia, India and China. The Group's revenue in 2012
amounted to EUR 64.1 million, and the company currently employs approximately
600 people. Incap's share is listed on the NASDAQ OMX Helsinki. Additional