Fiskars
Fiskars plans restructuring of Sorsakoski cookware factory

Fiskars 

10.06.2013 14:00
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Fiskars Corp.       Press Release           June 10, 2013

Fiskars strives towards an efficient and competitive supply chain. As a part of
developing the Group's manufacturing operations, Fiskars has renewed processes
and production at the Sorsakoski cookware factory to meet efficiency and
quality demands. The plan is to continue improving competitiveness actively,
and to renew operating models at the factory. 

Due to increased efficiency of the manufacturing operations and the uncertain
market environment, Fiskars has reviewed the cost structure of the Sorsakoski
cookware factory and plans to  restructure the factory's operations to improve
competitivess of cost structures and operating models. Due to the planned
restructuring, the factory will hold codetermination negotiations that could
lead to a maximum permanent reduction of 16 positions. Currently, the factory
employs a total of 96 persons. 


Further Information:
Risto Gaggl, SVP, Supply Chain, tel. +358 204 39 5172
Anu Ilvonen, Director, Corporate Communications, tel.  +358 204 39 5446

Fiskars is a leading global supplier of consumer products for the home, garden
and outdoors. The group has a strong portfolio of respected international
brands, including Fiskars, Iittala and Gerber. Founded in 1649 and listed on
NASDAQ OMX Helsinki, Fiskars is Finland's oldest company. Fiskars recorded net
sales of EUR 748 million in 2012, and employs some 4,100 people in over 20
countries. www.fiskarsgroup.com
News Source: NASDAQ OMX



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Language:     English
Company:      Fiskars
              
               
              Finland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         FI0009000400
WKN:          
 
End of Announcement                             DGAP News-Service
 
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