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Talvivaaran Kaivososakeyhtio Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Talvivaaran Kaivososakeyhtio Oyj Starts Cooperation Consultations for Temporary Layoffs
Talvivaaran Kaivososakeyhtio Oyj announced that to support the Company's cost savings initiatives and overall efficiency, and to adjust the level of personnel to the temporarily suspended ore production, the Company is considering temporary layoffs. The Company estimates that the maximum number of employees impacted is 230 and that the estimated maximum duration of the layoffs would be 90 days between February 18, 2013 and June 30, 2013. All three corporate entities: Talvivaara Mining Company Plc, Talvivaara Sotkamo Ltd and Talvivaara Exploration Ltd are within the scope of the consultations. Talvivaara has invited employee representatives to cooperation consultations in accordance with the applicable law.
Latest Developments for Talvivaaran Kaivososakeyhtio Oyj
- Talvivaaran Kaivososakeyhtio Oyj commences reorganization
- Talvivaaran Kaivososakeyhtio Oyj Updates on Reorganization
- Talvivaaran Kaivososakeyhtio Oyj To Apply For Corporate Reorganisation
- Talvivaaran Kaivososakeyhtio Oyj to Rationalize Operations; Changes to Potentially Include Redundancies, Part-Time Employments and/or Lay-Offs; Updates on 2013 Nickel Production Guidance
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