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Provider: Reuters Investment Profile
Provider: MarketLine (a Datamonitor Company)
Provider: GlobalData
Provider: GlobalData

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Cencorp Oyj Concludes Statutory Negotiations; No Notices to Be Given

Wednesday, 2 Oct 2013 05:00am EDT 

Cencorp Oyj announced that the statutory negotiations started at the Company on September 11, 2013 have been concluded. As a result of the negotiations no notices will be given but the targeted savings will be gained with lay-offs carried out in phases, with flexible working hour arrangements and by decreasing certain remunerations as well as by outsourcing certain ramp up functions. The lay-offs do not concern Cencorp’s Clean Energy Solutions segment. 

Company Quote

-0.0010 -5.00%
28 Jul 2014