Brief: Atria Considers Closure Of Sahalahti Plant, Layoffs

Atria Oyj

19/09/2022 12:06

Sept 19 (Reuters) - Atria Oyj  ATRAV.HE :
    * PLANS MEASURES TO IMPROVE THE COMPETITIVENESS OF ITS POULTRY BUSINESS IN FINLAND
    * IS LAUNCHING A DEVELOPMENT PROGRAMME TO IMPROVE COMPETITIVENESS AND PROFITABILITY OF ITS
POULTRY
BUSINESS, WHICH WILL BE IMPLEMENTED IN PHASES
    * WILL START NEGOTIATIONS ON CHANGES IN POULTRY UNIT IN SAHALAHTI IN ACCORDANCE WITH
COLLECTIVE
REDUNDANCY LAW
    * POSSIBLE CLOSURE OF SAHALAHTI PLANT WILL BE CONSIDERED IN CHANGE NEGOTIATIONS
    * ATRIA'S OTHER PRODUCTION SITES ARE NOT AFFECTED BY CHANGE NEGOTIATIONS TO BE LAUNCHED
    * CHANGE NEGOTIATIONS CONCERN ENTIRE WORKFORCE OF SAHALAHTI PLANT, ABOUT 130 PEOPLE
    * WITH PLANNED MEASURES, ATRIA IS AIMING AT TOTAL ANNUAL SAVINGS OF AROUND EUR 5 MILLION
    * SAVINGS ARE EXPECTED TO BE REALISED FROM END OF 2024 ONWARDS

Source text for Eikon:  ID:nWkrCJb99 
Further company coverage:  ATRAV.HE 

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