Employee co-operation negotiations at Glaston's glass processing subsidiary completed
GLASTON CORPORATION Stock Exchange Release 23 September 2009 at 14.45
Employee co-operation negotiations at Glaston's glass processing subsidiary
Co-operation negotiations on stopping the solar energy glass manufacturing
operations of Tamglass Glass Processing, a subsidiary of Glaston Corporation,
have been concluded.
As a result, Tamglass Glass Processing's entire personnel, 16 persons, will be
lay-offed for the time being starting from the end of October/beginning of
The production stop at Akaa does not affect Glaston Corporation's manufacturing
and product development of products aimed at the manufacture of solar energy
For further information, please contact:
Timo Rautarinta, Managing Director,
Tamglass Glass Processing, Phone +358 10 500 510
IR and Corporate Communications
Tel. +358 (0)40 7453 737
Glaston Corporation is a growing, international glass technology company.
Glaston is the global market leader in glass processing machines, and a
comprehensive One-Stop-Partner supplier to its customers. Its product range and
service network are the widest in the industry. Glaston's well-known brands are
Bavelloni in pre-processing machines and tools, Tamglass and Uniglass in safety
glass machines, and Albat+Wirsam in glass industry software.
Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Mid Cap List.
Distribution: OMX, media, www.glaston.net