MARTELA CORPORATION STOCK EXCHANGE RELEASE 11.4.2016 at 4.00 p.m.
MARTELA’S CO-OPERATION NEGOTIATIONS IN BODAFORS CONCLUDED
Martela initiated negotiations under the Swedish Co-determination at work Act on 1 March 2016 concerning employees of its Bodafors facility in Sweden. The purpose of the measures planned is to create a more flexible supply chain in response to a changed and more varied customer demand and to implement the Martela Lifecycle strategy more effectively.
Martela has concluded co-operation negotiations. As a result of the negotiations in Bodafors it has been decided to dismiss 16 employees.
Helsinki, 11 April 2016
Martela Corporation
Matti Rantaniemi
CEO
Further information:
Martela Corporation
Matti Rantaniemi, CEO, tel. +358 50 465 8194
Markku Pirskanen, CFO, tel. +358 40 517 4606
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NASDAQ OMX Nordic
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www.martela.com