Atria to launch an extensive efficiency improvement programme in Finland
ATRIA PLC COMPANY ANNOUCEMENT 28 September 2009, 10:00am
Atria to launch an extensive efficiency improvement programme in Finland
Atria Finland is launching an efficiency improvement programme with which it
seeks to achieve annual savings of approximately EUR 5 million in its cost
structure. For achieving the savings, the aim is to cut approximately 125
man‑years of labour from the Finnish operations. Currently, some 2,250 employees
work in Atria's Finnish operations. According to the plan, the decreases in
personnel are to be implemented through reduction in the number of fixed-term
personnel, layoffs, increased part-time work, and pension arrangements and
redundancy packages. The personnel reductions will affect all personnel groups.
Except for volume development, the operations of Atria Finland have been in
accordance with plans. The situation in the food product market is expected to
become tougher with the slowing growth of volume and the pressures on food
prices. For this reason, the company has deemed the launch of an efficiency
improvement programme to be essential.
In addition, Atria plans to implement investments aimed at improving
productivity. The most significant of these will be the modernisation of the
Nurmo pig cutting plant.
Employer-employee negotiations concerning the reorganisation of operations began
today. In the course of these negotiations, the possibilities for the employees
being relocated within the Atria Finland organisation will be determined.
For more information, please contact Mr Juha Gröhn, Executive Vice President,
Atria Finland, at tel. +358 400 684 224.
ATRIA PLC
Matti Tikkakoski
President and CEO
DISTRIBUTION
www.atria.fi/konserni
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