Ponsse's statutory labour negotiations concluded
PONSSE PLC STOCK EXCHANGE RELEASE 14 DECEMBER 2009, 2:00 P.M.
Ponsse's statutory labour negotiations concluded
The employee-employer negotiation procedure initiated in Ponsse Plc on 30
November 2009 came to the conclusion that in spite of the markets gradually
picking up, the order book and order intake rate do not yet warrant the
utilisation of full capacity. The markets have taken on a positive trend, but
forecasting demand remains a challenging task. In order to ensure its ability to
respond to changes in the market and in order to maintain its flexibility, the
company is preparing to adapt its operations also in the coming year. The
negotiations have reached a solution, according to which fixed-term temporary
layoffs can be implemented as required in the functions included in the scope of
these negotiations.
Vieremä, 14 December 2009
PONSSE PLC
Juho Nummela
President and CEO
FURTHER INFORMATION
Juho Nummela, President and CEO, tel. +358 20 768 8914 or +358 400 495 690
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.ponsse.com