Caverion Suomi Oy reduces salaried staff


Helsinki, 2014-11-10 08:00 CET (GLOBE NEWSWIRE) --
CAVERION SUOMI OY          PRESS  RELEASE     NOVEMBER  10, 2014  AT 9:00 EET


Caverion Suomi Oy reduces salaried staff

Caverion’s transformation towards a competitive and coherent service and project company in ongoing throughout the Group. Common operating models have been created, and the organisational structures  are also being reviewed based on them. During the autumn, Caverion Suomi, the subsidiary of Caverion Corporation in Finland, has held statutory employer-employee negotiations regarding restructuring of the company to ensure competitiveness and profitability in a changing market situation.  

The statutory negotiations concerned salaried employees and senior salaried employees. The outcome of the negotiations is that the need for reductions in personnel is, at a maximum, 44 salaried employees and 12 senior salaried employees. Salaried employees and senior salaried employees may also be temporarily laid off as necessary.

Caverion Group has approximately 17,300 employees. In Finland, there are a total of 4,750 employees in three companies (Caverion Corporation, Caverion Suomi Oy and Caverion Industria Oy).
 

For further information, please contact:
Jarno Hacklin, Managing Director, Caverion Suomi Oy, tel. +358 40 864 4401
 

Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings and industries. Our services are used in offices, retail properties, housing, public premises, industrial plants and infrastructure, among other places. We aim to be a leading European provider of advanced and sustainable life cycle solutions. Our strengths include technological competence and comprehensive services, covering all technical disciplines throughout the life cycle of the property and industrial plant. Caverion was established through the demerger of Building Services and Industrial Services businesses from YIT Group in June 2013. Our revenue for 2013 amounted to approximately EUR 2.5 billion. Caverion has nearly 18,000 employees in 13 countries in Northern and Central Europe. Caverion’s shares are listed on NASDAQ OMX Helsinki. www.caverion.com