Brief: Enersize Reduces Personnel Costs By About 50%

Enersize Oyj

25/10/2022 13:33

Oct 25 (Reuters) - Enersize Oyj  ENERS.ST :
    * ENERSIZE STREAMLINES THE ORGANIZATION AND FOCUSES TO HELP
COMPANIES SAVE ENERGY
    * COST-SAVING MEASURES ARE ESTIMATED TO RESULT IN A
REDUCTION OF
OPERATING COSTS OF APPROXIMATELY 40 PER CENT.
    * ORGANIZATION'S COSTS ARE STREAMLINED IN SEVERAL AREAS
    * PERSONNEL COSTS IN COMPANY WILL BE REDUCED BY APPROX. 50
PER
CENT.
    * SAVINGS WILL BE IMPLEMENTED CONTINUOUSLY AND ARE EXPECTED
TO BE
FULLY IMPLEMENTED DURING Q1 OF NEXT YEAR
    * COST-SAVING MEASURES ARE ESTIMATED TO REDUCE COMPANY'S
OPERATING
COSTS BY APPROXIMATELY 40 PER CENT, WHICH CORRESPONDS TO
APPROXIMATELY SEK 9 MILLION ON AN ANNUAL BASIS
    * COSTS FOR COMPANY'S FINANCE DEPARTMENT ARE EXPECTED TO BE
REDUCED BY APPROXIMATELY 20 PER CENT
    * OVERHEAD COSTS WILL BE REDUCED BY ROUGHLY 20 PER CENT AND
THAT
SAVING IS PLANNED TO BE FULLY IMPLEMENTED DURING Q1 OF 2023

Source text for Eikon:  ID:nMFN4lL6nl 
Further company coverage:  ENERS.ST 
 (Gdansk Newsroom)
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