Brief: Robit: Cooperation Negotiations Ended

Robit Oyj

21/08/2020 13:05

Aug 21 (Reuters) - Robit Plc  ROBIT.HE :
    * COOPERATION NEGOTIATIONS CONCERNING ROBIT FINLAND LTD’S
SENIOR
SALARIED EMPLOYEES HAVE ENDED
    * COOPERATION NEGOTIATIONS COVERED ALL SENIOR SALARIED
PERSONNEL
OF ROBIT FINLAND LTD
    * ESTIMATED NEED FOR REDUCTION WAS FIVE PERSONS, AT MOST
    * OBJECT OF COOPERATION NEGOTIATIONS WAS TO ENSURE AND
STRENGTHEN
COMPANY'S LONG-TERM PROFITABILITY AND CASH FLOW.
    * AS A RESULT OF COOPERATION NEGOTIATIONS, ROBIT DECIDED TO
TERMINATE FOUR PERSONS, CONSIDERING CURRENT SITUATION AND FUTURE
BUSINESS NEEDS AND GOALS

Source text for Eikon:  ID:nGNE5j7MRx 
Further company coverage:  ROBIT.HE 

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