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Lemminkainen to lighten operating model and reduce personnel


Monday, 28 Apr 2014 05:30am EDT 

Lemminkainen Oyj:Aims to save about 30 million euros in fixed costs annually through a lighter operating mode.Says personnel impact of the planned measures will be up to 500 full-time equivalents with about one-half of the estimated reduction need will be in Finland.The company employs about 7,800 people, about 4,900 of them work in Finland.Personnel negotiations in Finland will start on May 5 and will concern the whole Group and all its personnel groups except from the Technical Building Services business segment.In Russia, Norway, Sweden, Denmark, Estonia, Lithuania and Latvia, the negotiations will concern all personnel and will be initiated in accordance with the local laws and regulations. 

Company Quote

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26 Feb 2015