SCANFIL PLC STOCK EXCHANGE RELEASE 9 MARCH 2009 2:35 pm
SCANFIL PLC'S SUBSIDIARY, SCANFIL EMS OY, REORGANISES ITS OPERATIONS IN SIEVI
Scanfil plc's subsidiary, Scanfil EMS Oy, has today invited representatives of
the Sievi electronics and mechanics plant and of various personnel groups from
Group administration to statutory employer-employee negotiations due to
production and financial reasons and business restructuring.
The negotiations will cover the possible merger of the mechanics and electronics
plants operating in Sievi and the partial concentration of electronics
production in lower-cost countries. The aim of the planned measures is to lift
the efficiency of operations, improve cost-efficiency and maintain the company's
competitiveness in the long term. According to a tentative estimate, the planned
measures will result in changes in the duties and operations of all personnel
groups as well as in layoffs of approximately 100 workers, clerical employees,
and professional and managerial staff.
SCANFIL PLC
Harri Takanen
President
Additional information:
President Harri Takanen
Tel +358 8 4882 111
Distribution NASDAQ OMX Helsinki
Major Media
www.scanfil.com
Scanfil plc is a global contract manufacturer and systems supplier for
communication and industrial electronics with over 30 years experience in
demanding contract manufacturing
Scanfil offers contract-manufacturing services as a systems supplier to the
telecommunication industry, mainly to wireless communication sector, as well as
to the industrial electronics industry. Main telecommunication products are
among others integrated enclosure systems for mobile phone and ADSL networks and
assembly and testing of modules related to enclosure systems. Examples of
industrial electronics products include box-built tested devices, various
electronic modules, backplanes and assembled circuit boards as well as cable
assemblies. Production plants are situated in China, Hungary, Estonia and
Finland.
SCANFIL PLC'S SUBSIDIARY, SCANFIL EMS OY, REORGANISES ITS OPERATIONS IN SIEVI
| Source: Sievi Capital Oyj