MARTELA INITIATES CO-OPERATION NEGOTIATIONS

MARTELA CORPORATION     Stock exchange release    26 August 2013 at 2.00 p.m.


MARTELA INITIATES CO-OPERATION NEGOTIATIONS

Martela has today convened a meeting for statutory co-operation negotiations concerning Martela Corporation and Muuttopalvelu Grundell Oy.

The negotiations has been convened because of securing the profitability. The companies have a need to improve the operation efficiency and to adjust their cost level better match against the changed operational environment.

The negotiations concern all white-collar employees in Martela Corporation and in Muuttopalvelu Grundell Oy. The companies have today totally 243 white-collar employees. Negotiations may lead to the maximum reduction of 35 persons.


MARTELA CORPORATION
Heikki Martela
Managing Director


Additional information

Martela Corporation
Heikki Martela, Managing Director, tel +358 50 502 4711
Markku Pirskanen, CFO, tel +358 40 517 4606



Distribution
NASDAQ OMX Helsinki
Main news media
www.martela.com