TTS Offshore Solutions AS in Bergen, Norway, a subsidiary of TTS Group ASA, has decided to implement temporary workforce reductions with immediate effect.
A workforce of approximate 30 full-time equivalents will be temporary laid off, while another approximate 20 full-time equivalents will be contracted out to other TTS companies.
The adjustment affects approximate 40 per cent of the workforce of TTS' offshore operations in Norway and Poland. Adjustments are done due to the current offshore market situation.
Bergen, 17th September 2015
TTS Group ASA
Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01
http://www.ttsgroup.com
Contact persons:
Björn Andersson
CEO
M: +47 911 33 671
Henrik Solberg-Johansen
CFO
M: +47 982 06 438
Miao Reinlund
SVP Corporate Communications
M: +47 900 65 883