Relocation of kitchen production from Älmhult to Tidaholm

The trade-union negotiations concerning the relocation of kitchen production from Nobia's plant in Älmhult to the plant in Tidaholm were concluded on September 7, 2010. The assembly and distribution of kitchens for the Myresjökök brand will gradually be relocated to Tidaholm as of November 2010.  

The changes will generate approximately 60 new jobs in Tidaholm, while a lack of work due to the relocation of production will affect about 100 employees in Älmhult. Negotiations regarding seniority will begin in the coming days. The company will offer transition support for effected employees.

The purpose of the change is to strengthen Nobia's competitiveness by pursuing fewer and larger production units.

Nobia AB
7 September 2010

For further information, please contact:
Preben Bager, President and CEO
Ingemar Tärnskär, President of Myresjökök and Senior Vice President, Nobia Production
Ingrid Yllmark, Director Communications Nobia
Telephone +46 (0)8 440 16 00 or +46 (0)708 65 59 00.

Nobia develops and sells kitchens through some 20 strong brands in Europe, including Magnet in the UK, Hygena in France, HTH, Norema, Sigdal, Invita, Marbodal and Myresjökök in the Nordic countries, Petra, Parma and A la Carte in Finland, ewe and FM in Austria, Optifit in Germany and Poggenpohl globally. Nobia generates profitability by combining economies of scale with attractive kitchen offerings. The Group has approximately 8,000 employees and net sales of about SEK 15 billion. The Nobia share is listed on the NASDAQ OMX Nordic Exchange in Stockholm under the short name NOBI. Website: www.nobia.com. Read more about the company under "About Nobia."
Financial information can be found under "Investors."