Brief: Martela To Outsource Logistics Operations

Martela Oyj

22/08/2019 07:03

Aug 22 (Reuters) - Martela Oyj  MARAS.HE :
    * REG-MARTELA CORPORATION TO OUTSOURCE LOGISTICS OPERATIONS
    * MARTELA CORP. AND BARONA LOGISTICS SOLUTIONS LTD (BARONA
LOGISTICS) HAVE SIGNED AN AGREEMENT TO OUTSOURCE INHOUSE
LOGISTICS AND A PART OF DISPATCH OPERATION OF MARTELA'S NUMMELA
PRODUCTION PLANT TO BARONA LOGISTICS
    * SUBJECT TO TRANSACTION 19 MARTELA'S EMPLOYEES WILL BE
TRANSFERRED TO BARONA LOGISTICS AS EXISTING EMPLOYEES AS OF
SEPTEMBER 1, 2019
    * TRANSACTION IS PART OF A PREVIOUSLY ANNOUNCED COST
EFFICIENCY
PROGRAM TO ALIGN COST BASE STRUCTURE MORE FLEXIBLE

Source text for Eikon:  ID:nGNE4b6m4 
Further company coverage:  MARAS.HE 

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