Layoffs for Rejlers in Sweden

In conjunction with the presentation of the Year-end report, CEO Peter Rejler
informed about measures in restoring profitability to Rejlers Sweden. Swedish
management has prepared a plan of action calling for layoffs of 125 employees.
All were notified this morning.
Rejlers Sweden has seen decreased demand in certain industrial sectors for quite
some time. The nuclear power sector’s sudden slowdown, saving program in the
mining industry and the substantial pressure to lower prices in the
manufacturing sector have also had an effect in determining appropriate
corrective actions. With the action plan, the company aims to improve
profitability. The layoffs primarily concern staff at the Technology business
area.
“We have for some time had profitability problems in parts of the business area
Technology. This is a necessary measure, even if it is unfortunate that we have
to lay off coworkers,” says Jonas Thimber, CEO for Rejlers Sweden. Negotiations
with the union organizations begins within a week.

For further information:
Peter Rejler; President and CEO, e-mail: peter.rejler@rejlers.se
Jonas Thimberg; CEO Rejlers Sverige, +46 70 399 08 99, e-mail:
jonas.thimberg@rejlers.se
Rejlers is one of the largest engineering consultancy firms in the Nordic
region. Our 2,000 experts work with projects within the areas of Building and
property, Energy, Industry and Infrastructure. With us, you will meet specialist
engineers with the breadth, cutting edge expertise and not least energy to
create the results you want. We are continuing to grow rapidly and our
activities are spread across 80 locations in Sweden, Finland and Norway. In
2015, Rejlers had revenue of SEK 1.9 billion and its Class B share is listed on
Nasdaq Stockholm.
Rejlers discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act.The information was
submitted for publication at 09.00 am February 22nd 2016.