Brief: Plans For Streamlining And Reorganising Martela's Operations Completed

Martela Oyj

15/02/2024 12:17

Feb 15 (Reuters) - Martela Oyj  MARAS.HE :
    * REG-PLANS FOR STREAMLINING AND REORGANISING MARTELA'S
OPERATIONS
COMPLETED
    * WILL REDUCE 18 EMPLOYEES THROUGH REDUNDANCIES AND
ADDITIONAL 9
JOB POSITIONS WILL BE DECREASED THROUGH VOLUNTARY RESIGNATIONS
    * OVERALL ORGANISATIONAL CHANGES ARE ESTIMATED TO RESULT IN
ANNUAL
COST SAVINGS OF APPROXIMATELY EUR 2 MILLION
    * MAJORITY OF SAVINGS ARE EXPECTED TO BE REALISED ALREADY
DURING
2024, MAINLY STARTING FROM Q2, AND FULL SAVINGS TARGETS WILL BE
ACHIEVED DURING 2025

Source text for Eikon:  ID:nGNE2jflbd 
Further company coverage:  MARAS.HE 

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