Brief: Pihlajalinna Aims At Annual Cost Savings Of EUR 14 Million

Pihlajalinna Oyj

17/06/2019 08:26

June 17 (Reuters) - Pihlajalinna Oyj  PIHLIS.HE :
    * PIHLAJALINNA TO COMMENCE THE PREPARATIONS OF EFFICIENCY
IMPROVEMENT PROGRAMME
    * PROGRAMME AIMS AT ANNUAL COST SAVINGS OF EUR 14 MILLION.
    * WILL LAUNCH COOPERATION NEGOTIATIONS FOR
PRODUCTION-RELATED AND
FINANCIAL REASONS
    * COOPERATION NEGOTIATIONS WILL NOT CONCERN PERSONNEL OF
"MUNICIPAL COMPANIES" OWNED JOINTLY BY PIHLAJALINNA AND
MUNICIPALITIES
    * ACCORDING TO NEGOTIATIONS PROPOSAL, PIHLAJALINNA AIMS FOR
EUR 14
MILLION IN DIRECT ANNUAL COSTS SAVINGS WITH PLANNED EFFICIENCY
IMPROVEMENT PROGRAMME
    * REORGANISATION SET IN EFFICIENCY IMPROVEMENT PROGRAMME MAY
LEAD
TO PERSONNEL CUTS, PRELIMINARY ESTIMATED TO BE A MAXIMUM OF 380
PERSON-YEARS
    * NEGOTIATIONS WILL NOT CONCERN PHYSICIANS WORKING FULLY IN
OPERATIVE CLINICAL WORK
    * REORGANISATION MAY LEAD TO PERSONNEL CUTS, PRELIMINARY
ESTIMATED
TO BE UP TO 380 PERSON-YEARS

Source text for Eikon:  ID:nWkr5MG0Jj 
Further company coverage:  PIHLIS.HE 

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