Incap Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Incap Oyj Updates on Co-operative Negotiations; Announces Reorganization of Operations and Layoffs
Incap Oyj (Incap) announced that on January 11, 2013, it has invited the personnel working in its corporate services in Finland to negotiations in accordance with the Co-operative Act. In order to increase the efficiency of operations and to improve the cost structure Incap is planning a reorganization of corporate services and eventual transfer of certain functions to the Company's other locations. A total of 20 persons are invited to the negotiations, most of them working in Helsinki. Based on a preliminary estimate the eventual measures to be negotiated may lead to reorganization or reductions affecting approximately 14 employees. The first meeting in the negotiations is called to take place on January 18, 2013 and the estimated duration of negotiations is at least six weeks.
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