Apr 09, 2003 Aspocomp Group investigates the possibility to close down the Aspocomp Oy PWB factory in Padasjoki, Finland, based on both productional and economical reasons.
The proposal relating to the personnel negotiations of the Padasjoki factory was given today at 12:00. The negotiations regarding the possible personnel reductions and reorganization concern all the personnel groups, total of about 80 persons, at the factory.
Among the reasons for the possible closing of the Padasjoki factory are the overcapacity in the PWB industry and the unprofitability of the factory.
The Padasjoki factory's share of the Group net sales in 2002 was about 5 % and its share of the Group personnel about 3 %.
For more information, please contact CEO Jarmo Niemi
at +358 9 759 70711.
ASPOCOMP GROUP Oyj
Jarmo Niemi
President and CEO
DISTRIBUTION:
Helsinki Exchanges
Press and Media
www.aspocomp.com
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