Valmet to start co-determination negotiations for temporary lay-offs in Finland
Valmet Oyj’s stock exchange release on April 21, 2020 at 11:00 a.m. EET The global Covid-19 pandemic causes uncertainty in Valmet’s operating environment and the company announced on April 16, 2020 a withdrawal of its guidance for 2020. The impacts of the pandemic on Valmet’s operations and business environment depend on the duration and severity of the crisis. Thanks to its solid development during the past years, Valmet has a strong foundation to meet this new situation. However, the pandemic has reduced the workload in Finland and around the world especially in the services