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 Announces Results of Co-Operative Negotiations in Corporate Services in Finland
Incap Oyj announced that it has decided to carry out a reorganization in its corporate services. The Company concluded on March 5, 2013 the co-operative negotiations, which were launched on January 18, 2013 with the personnel working at corporate services in Finland. The negotiations referred to actions leading to increased efficiency of operations and to improved cost structure. A total of 20 persons were included in the negotiations, most of them working in Helsinki. As a result of the negotiations, the corporate services are reorganized so that a part of the tasks will be transferred to the Company's offices in Tallinn and Bangalore, the jobs of persons working in Helsinki will be combined and some tasks will be centralized to Incap's units in Kuressaare and Vaasa. The reorganization affects the work of ten employees. The contracts of five persons will be terminated and the situation of further five employees will be evaluated later on.
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