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BITTI - Bittium Oyj News Story

€6.5 0.1  1.4%

Last Trade - 12/05/21

Sector
Technology
Size
Small Cap
Market Cap £199.3m
Enterprise Value £197.5m
Revenue £67.3m
Position in Universe 712th / 1830

BRIEF-Elektrobit rationalizes operations in Wireless Business Segment in Finland

Wed 17th December, 2014 9:30am
Dec 17 (Reuters) - Elektrobit Oyj  EBC1V.HE : 
    * Rationalizes operations in Wireless Business Segment in 
Finland 
    * Has decided to terminate employment contracts of a maximum 
of 19 employees in its sites in Kajaani and Tampere 
    * For a few employees, will alternatively offer new 
positions in Oulu 
    * Will achieve annual cost savings of about 1 million 
euros($1.25 million), from beginning of 2015 onwards 
 
Source text for Eikon:  ID:nHUG62HFpX  
Further company coverage:  EBC1V.HE  
 
($1 = 0.8021 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: ELEKTROBIT/BRIEF
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