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 Concludes Co-operative Negotiations in Vaasa; Updates on Layoffs
Incap Oyj announced that the Incap Corporation has concluded the co-operative negotiations with the personnel at its factory in Vaasa. The negotiations concerned eventual temporary lay-offs for a maximum of 90 days. Instead of immediate temporary lay-offs the factory will continue training and increasing multi-skills of the personnel, which enable better adoption of operations to demand. Eventual need for temporary lay-offs will be evaluated with the personnel representatives weekly based on the order book, and eventual temporary lay-offs for a maximum of 90 days will take place by the end of June 2013.
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