Aktia Non-Life Insurance Company starts co-operation negotiations

Mon, Aug 17, 2009 12:00 CET

Aktia Plc
Stock Exchange Release
17.8.2009 at 13.00

Not for release or distribution in the United States, Australia, Canada or Japan


Aktia Non-Life Insurance Company starts co-operation negotiations 


Aktia Non-Life Insurance Company Ltd starts co-operation negotiations in order
to reorganise business operations and rationalise them for financial and
productional reasons. 

The aim is to adjust the company's cost structure to the current market
situation, and to enable stable development of the company. The total savings
requirement is approx. EUR 2.5 million per annum. This equals a reduction of
the number of personnel with about 40 persons. 

The planned savings can be reached through a more effective production system,
synergies within the Group, and reduced personnel costs. 

AKTIA PLC

For more information, please contact:
Anders Nordman, Managing Director, Aktia Non-Life Insurance Company, tel. +358
10 247 8610 


From: 
Malin Pettersson, Head of Communications, tel. +358 10 247 6369, +358 40 589
7941 


Distribution:
Nasdaq OMX Helsinki Ltd
mass media
www.aktia.com