31.03.2015 13:07:00
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NUrminen Logistics Adjusts Its Operations in Finland and Russia
Regulatory News:
Nurminen Logistics Plc (HEX:NLG1V)
Nurminen Logistics Plc starts co-determination negotiations in its subsidiary Nurminen Logistics Services Oy. The company is planning to adapt its operations in Finland regarding rail terminal services and forwarding services and in Russia regarding rail transport services. According to preliminary estimates, the need for personnel reduction is estimated to be 9 man-years in Luumäki, Vartius, Imatra and Niirala. In Russia the adjustment requirement is estimated to be 4 man-years. By these measures Nurminen Logistics is preparing for decreased paper export volumes by rail to Russia. There is no increase in export volumes to Russia to be seen in 2015.
Nurminen Logistics Plc
Olli Pohjanvirta President and CEO
DISTRIBUTION NASDAQ OMX Helsinki Major Media www.nurminenlogistics.com
Nurminen Logistics is a listed company established in 1886 that offers logistics services. The company provides high-quality railway transport, project transport services, special transport and forwarding and cargo handling services to its customers. The main market areas of Nurminen Logistics are Finland, Russia and its neighbouring countries.
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