Rocla Oyj
ROCLA CONCLUDES THE NEGOTIATIONS ABOUT THE TEMPORARY LAY-OFFS
Rocla Oyj / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Rocla Oyj Stock exchange release Dec 3, 2008 at 2.00 p.m. ROCLA CONCLUDES THE NEGOTIATIONS ABOUT THE TEMPORARY LAY-OFFS Rocla Group concluded the negotiations started on Nov 18, 2008 about the lay-offs of the personnel in the business units located in Finland. As published earlier, it was decided that the lay-offs concern the whole personnel in Finland (430 employees) for 40 days at maximum until the end of September 2009. The lay-off periods will mainly commence from January 5, 2009. It was agreed locally that employees can choose to allocate part of the maximum 40 days for the period from Dec 22, 2008 to Jan 9, 2009, depending on the work situation. In spite of the adjustment measures, Rocla aims at ensuring especially the resources for the direct customer service. Thus, the maximum lay-offs for employees in these tasks are estimated to be less than 40 days. ROCLA OYJ Tapio Rummukainen President and CEO Additional information: CEO Tapio Rummukainen tel +368 20 7781 370 Distribution: NASDAQ OMX Helsinki Oy Main media Rocla develops, manufactures and markets electric warehouse trucks and automated guided vehicles (AGVs) and related services and solutions during their lifespan. On Sept 30, 2008 The Rocla Group employed 649 people out of which 430 people in Finland. Rocla Oyj, Mitsubishi Caterpillar Forklift Europe B.V. and its parent company Mitsubishi Heavy Industries, Ltd. have on 23 October 2008 entered into a Combination Agreement based on which Mitsubishi Caterpillar Forklift Europe B.V. has decided to make a voluntary public tender offer for all shares and share options of Rocla Oyj in accordance with the Securities Markets Act Chapter 6, and under the terms and conditions of the tender offer document published on 10 November 2008. For more information visit the Rocla website (http://www.rocla.com). News Source: NASDAQ OMX 03.12.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Rocla Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI0009006589 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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