Nurminen Logistics Plc to launch employee co-determination procedure within the Finnish subsidiaries

Nurminen Logistics intitiates co-determination procedure within the Finnish subsidiaries. The the procedure is part of preparation for possible reduction of orders due to labor market situation of manufactoring industries in Finland. The company estimates that in case of prolonged labor market distrubtions temporary lay-offs may become necessary.

The co-determination procedure has been estimated to result in temporary lay-offs with maximum duration of 30 days. The company follows upon the development of the industrial labor market and is making every effort to ensure undistrupted service for its customers.

Nurminen Logistics Plc

Tero Vauraste

CEO

For more information, please contact: Tero Vauraste, tel. +358 46 87 67 100.

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Nasdaq Helsinki
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www.nurminenlogistics.com

Nurminen Logistics is a listed company established in 1886 that offers logistics services. The company provides high-quality forwarding, cargo handling and value added services as well as railway transports and related to it project transport services to its customers. The main market areas of Nurminen Logistics are Finland, Russia and its neighbouring countries.