STOCKHOLM, Sweden, Jan. 25, 2005 (PRIMEZONE) -- In order to increase cost-efficiency and to simplify the organization, OMX Technology has decided to transfer the major part of the operations within the business area Global Services in Helsinki, Finland, to other units within OMX Technology.
The measures are expected to lead to a reduction of approximately 20 positions in Helsinki. The positions are within operational staff as well as management and administration. Customer network maintenance and local technical support will not be affected.
OMX will strive to offer other work to affected employees wherever possible.
About OMX
OMX owns and operates the largest securities market in Northern Europe and is a leading provider of marketplace services and solutions for the financial and energy markets. OMX consists of two divisions: OMX Exchanges and OMX Technology. OMX Exchanges owns and operates the stock exchanges in Stockholm, Helsinki, Tallinn, Riga and Vilnius as well as the central securities depositories in Estonia and Latvia. Through OMX Exchanges OMX offers access to 75 percent of the Nordic and Baltic securities market. OMX Technology is a provider of transaction technology, processing and outsourcing solutions. OMX is listed on the Stockholm Stock Exchange and the Helsinki Stock Exchange. For more information please visit www.omxgroup.com.
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