Determination Procedure Within Finnish Subsidiaries

Nurminen Logistics Oyj

17/01/2020 13:02

Jan 17 (Reuters) - Nurminen Logistics Oyj  NLG1V.HE :
    * NURMINEN LOGISTICS PLC TO LAUNCH EMPLOYEE CO-DETERMINATION
PROCEDURE WITHIN THE FINNISH SUBSIDIARIES
    * COMPANY FOLLOWS UPON DEVELOPMENT OF INDUSTRIAL LABOR
MARKET AND
IS MAKING EVERY EFFORT TO ENSURE UNDISTRUPTED SERVICE FOR ITS
CUSTOMERS
    * CO-DETERMINATION PROCEDURE HAS BEEN ESTIMATED TO RESULT IN
TEMPORARY LAY-OFFS WITH MAXIMUM DURATION OF 30 DAYS
    * PROCEDURE IS PART OF PREPARATION FOR POSSIBLE REDUCTION OF
ORDERS DUE TO LABOR MARKET SITUATION OF MANUFACTORING INDUSTRIES
IN FINLAND
    * COMPANY ESTIMATES THAT IN CASE OF PROLONGED LABOR MARKET
DISTRUBTIONS TEMPORARY LAY-OFFS MAY BECOME NECESSARY

Source text for Eikon:  ID:nWkr1PQ0Tl 
Further company coverage:  NLG1V.HE 

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