Free press releases distribution network?

More news: Energy
Agency / Source: Metso Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Metso Continues Adjusting its Operations in Finland - Metso will initiate employee negotiations in its different businesses - Metso.com
Metso Continues Adjusting its Operations in Finland

 

PRZOOM - /newswire/ - Helsinki, Finland, 2012/11/15 - Metso will initiate employee negotiations in its different businesses - Metso.com. MEO1V.HE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Metso will initiate employee negotiations in its different businesses. The negotiations are estimated to lead to the reduction of a total of about 160 jobs in Finland. Additionally, the company is preparing for a temporary decline in demand with temporary lay-offs.

The goal of the employee negotiations is to adjust the company’s production capacity to correspond with the permanent structural changes in the operating environment and to improve long-term cost competiveness and profitability.

”In addition to securing long-term profitability and competitiveness, we must also react on the temporary decline in demand. We will respond to this challenge with temporary lay-offs. Through the negotiations being initiated, we will seek solutions in good cooperation with the personnel,” says Matti Kähkönen, President and CEO of Metso.
The target of the employee negotiations is to achieve annual savings of approximately EUR 8 million. It is estimated that the cost reductions will be implemented in full as of the fourth quarter of 2013.

Personnel reductions
The estimated reduction need in the Automation business is about 120 jobs. The reduction need covers nearly all Automation’s functions in Finland. Automation’s biggest sites are in Vantaa, Tampere and Kajaani.

The reduction need in Mining and Construction’s Tampere foundry is estimated to be about 30 jobs.

In Metso’s HR Services unit, the reduction need is estimated to be about 10 jobs around Finland.

Temporary lay-offs
Mining and Construction’s crushing and screening equipment manufacturing and foundry in Tampere is preparing for temporary lay-offs that will cover the entire personnel of about 610.

Automation is also preparing for temporary lay-offs. The functions in Vantaa and Tampere, employing about 630 people, are subject to employee negotiations concerning temporary lay-offs.

The units in Pori that serve the pulp industry and the Power business line manufacturing units in Tampere will initiate employee negotiations concerning temporary layoffs. The negotiations will cover all the personnel in these units, approximately 180 people in Pori and approximately 150 people in Tampere.

The extent and duration of the lay-offs will depend on the work load and on the volume of orders received.

Metso (metso.com) is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries deliver sustainability and profitability to customers worldwide. Expect results.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Metso Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Metso Continues Adjusting its Operations in Finland

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Enel Green Power |
Contact: Harri Nikunen - Metso.com 
+358 20 484 3010 harri.nikunen[.]metso.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Metso Corporation securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Metso Corporation / Company Profile


Read Energy Most Recent Related Press Releases:

ENGIE and Schneider Electric Collaborate to Digitize the Energy Sector
ENGIE, Sigfox and UnaBiz Announce Nationwide IoT Network Rollout in Singapore
GE Renewable Energy to Equip First Commercial U.S. Integrated Solar-Wind Hybrid Project
GE’s Gas Engine Technology Provides Cost-Effective, Grid-Stability Solution for Cameroon Poultry Hatchery
Venture Global LNG Selects GE Oil & Gas Advanced Technology Plant-wide Solution for LNG Export Facilities Under Development in Louisiana
SolarWinds Unveils the Next Generation of IT Troubleshooting at Cisco Live EMEA 2017
SolarWinds IT Management Platform Being Tested for Secure Government Deployment
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Enel Closes Acquisition of Brazilian Distribution Company CELG
SolarWinds IT Management Platform Achieves Common Criteria Certification

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today