Tecnotree completes co-operation negotiations in Finland
Tecnotree CorporationStock Exchange Release19 November 2018 at 9.00 am EESTTecnotree completes co-operation negotiations in FinlandThe co-operation negotiations started on the10th October, 2018 have been completed. The negotiations concerned the whole personnel in Finland.The personnel reduction in Finland will be in total 26 employees of which 16 via lay-offs and 10 via other measures. These measures will lead to EUR 2 million cost savings per annum and will be realized in full in the year of 2019. TECNOTREE CORPORATIONFURTHER INFORMATIONPadma Ravichander, CEO, tel. +971 56