Nurminen Logistics Plc Stock Exchange Release 25 Feb 2009 at 9.05 am
Nurminen Logistics to adjust its operations to the market situation
Nurminen Logistics adjusts its operations to match the economic situation and
weakened demand for its services. As a part of adjustment measures the company
starts co-determination negotiations concerning reorganizations, temporary
lay-offs, redundancies and other possible alternatives. The possible need for
temporary lay-offs and redundancies as well as the duration of the temporary
lay-offs will be determined in detail during the co-determination negotiations.
The company´s cost saving goal for the year 2009 is EUR 1.5 million.
NURMINEN LOGISTICS PLC
Lasse Paitsola
President and CEO
Further information:
Mr Lasse Paitsola, President and CEO
Tel. +358 400 405 801
DISTRIBUTION
NASDAQ OMX Helsinki
Major Media
www.nurminenlogistics.com
Nurminen Logistics Plc
Nurminen Logistics provides high-quality logistics
services, such as railway transports, terminal services, forwarding and special
and heavy transports. The company has collected logistics know-how from three
centuries, starting in 1886. Nurminen Logistics' main market areas are Finland,
the Baltic Sea region, Russia and other CIS countries. The company's share is
listed on NASDAQ OMX Helsinki.
Nurminen Logistics to adjust its operations to the market situation
| Source: Nurminen Logistics Oyj