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Zhivoy ofis OAO to liquidate Spens

Wednesday, 20 May 2015 01:35am EDT

Zhivoy ofis OAO:Says decides on voluntary liquidation of Spens LLC due to lack of profitability.

Martela co-operation negotiations concluded; dismisses 15 persons

Tuesday, 19 May 2015 06:00am EDT

Martela Oyj:Martela’s co-operation negotiations concluded.As a result of negotiations it has been decided to dismiss totally 15 persons.It has been also decided about possibility to temporarily lay-off maximum 90 days if needed.Says as a result of actions it is estimated that corporation's cost level will decrease about 1.2 million euros on annual level by end of year 2016.

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