SCANFIL PLC STOCK EXCHANGE RELEASE 5 NOVEMBER 2014 1.40 P.M.
CLOSURE OF STATUTORY NEGOTIATIONS AT SIEVI PLANT OF SCANFIL PLC’S SUBSIDIARY SCANFIL EMS OY
Scanfil plc’s subsidiary Scanfil EMS Oy’s statutory negotiations that started on 22 October 2014 at Sievi plant have ended. Based on the results of the negotiations, Scanfil EMS Oy has decided that besides arrangements of working hours and annual holidays in December 2014, temporary lay-offs concern not more than 45 persons at a time for maximum of 90 days per person during January and April 2015.
SCANFIL PLC
Petteri Jokitalo
CEO
Additional information:
CEO Petteri Jokitalo
Tel +358 8 4882 111
Distribution NASDAQ OMX, Helsinki
Major Media
www.scanfil.com
Scanfil Group is engaged in contract manufacturing for international telecommunications technology and professional electronics manufacturers. Scanfil has almost 40 years of experience in demanding contract manufacturing. Scanfil is a systems supplier that offers its products and services to international telecommunications systems manufacturers and professional electronics customers. Typical products are equipment systems for mobile and public switched telephone networks, automation systems, frequency converters, lift control systems, equipment and systems for electricity production and transmission, analysers, slot machines and different meteorological instruments. The company has production facilities in China, Estonia, Germany, Hungary and Finland.