Glaston's employee co-operation negotiations in Finland completed

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Glaston Corporation       Stock Exchange Release    18 November 2009 at 15.00     
Glaston's employee co-operation negotiations in Finland completed               

Glaston Corporation's statutory employer-employee negotiations under the Act of 
Co-Determination within Undertakings in Finland (YT negotiations) initiated on  
29 October 2009, have been concluded. As a result of the negotiation process 50 
employees will be laid off, the majority of them white-collar employees.        
Additionally, the temporary lay-offs will continue in 2010.                     
As a principal rule the personnel reductions will commence immediately, and     
latest by the end of 2009.  
                                                    
Glaston has ongoing efficiency measures in all units. The largest adjustment    
measures are focused on Italy, where negotiations regarding a reduction of 167  
jobs are under way. Personnel reductions will take place in several units and   
the maximum number of jobs to be reduced is around 400.                         

For further information, please contact CEO&President Arto Metsänen,            
phone +358 10 5006100.                                                          




Sender:                                                                         
Glaston Corporation                                                             
Agneta Selroos                                                                  
Corporate Communications and IR  Manager                                        
Phone: +358 10 500 6105                                                         











Glaston Corporation                                                             
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.      
www.glaston.net                                                                 

Distribution: Helsinki Stock Exchange, key media

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