Relais Group Plc has completed co-operation negotiations concerning Group’s Finnish operations
Relais Group Plc
Company release 1.4. 2020 at 6.30 p.m. EET
Relais Group Plc’ subsidiary Startax Finland Oy (“Company”), has completed co-operation negotiations concerning the company’s entire personnel.
As a result of the negotiations, the company is entitled to layoffs for a fixed term of 90 days at most, either full- or part-time. The negotiations concerned 101 employees in Finland.
By issuing the layoffs, the company is preparing for possible changes in customers’ orders and deliveries due to the coronavirus (COVID-19) and the financial and production-related impacts caused by those.
RELAIS GROUP PLC
Board of Directors
Further information:
Relais Group Plc, CEO Arni Ekholm
Tel. +358 40 543 1446
Email: arni.ekholm@relais.fi
Certified advisor:
Evli Bank Plc,
Tel. +358 40 579 6210
Distribution:
Nasdaq Helsinki
Key media
Relais Group Plc in brief
Relais Group Plc is an importer and technical wholesaler that actively develops its vehicle spare parts and electrical equipment business in the Nordic and Baltic countries. Relais Group creates added value for its customers by offering vehicle spare parts, electrical equipment, and specialist services throughout the lifecycle of vehicles in a reliable, efficient and timely manner. As a strongly growth-oriented company, Relais Group aims to be an industry forerunner in the vehicle lifecycle enhancement business. The net sales of Relais Group were EUR 98.9 million in 2019. The company employed 258 people across five countries on 31 December 2019.
www.relais.fi