TECNOTREE TO START PERSONNEL NEGOTIATIONS IN FINLAND
Tecnomen Lifetree Corporation STOCK EXCHANGE RELEASE
25 August 2009, at 1.45 pm
TECNOTREE TO START PERSONNEL NEGOTIATIONS IN FINLAND
Tecnotree has today convened a meeting of the employee representatives of
Finland for personnel negotiations to address the possible restructuring of VAS
(Value Added Services) business unit and the possible terminations of employee
contracts on production and financial grounds.
The company estimates that the need for possible personnel reductions could
apply to at most about 25 people. Tecnotree has currently 844 employees
globally, 98 of whom work in Finland.
TECNOMEN LIFETREE CORPORATION
FURTHER INFORMATION
Jarmo Niemi, CEO, tel. +358 400 688 097
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com
About Tecnotree
Tecnotree, (Tecnomen Lifetree) founded in 1978, is one of the leading suppliers
of Business and Operations Support Systems (BSS/OSS) and Value Added Services
(VAS) for telecom operators worldwide. Tecnotree markets and sells its products
and services through its own organisation, as well as through global and local
partners, and has supplied its products to more than 120 customers around the
world. Headquartered in Espoo, Finland, Tecnotree has over 800 employees working
in 20 locations worldwide. The company is listed on the main list of NASDAQ OMX
Helsinki Ltd with the trading code TEM1V. For more information on Tecnotree
visit www.tecnotree.com
Tecnotree Corporation, Finnoonniitynkuja 7, FIN-02271 Espoo, Finland, Tel +358 9 804 781 | Privacy Statement | Personal Profile
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