Nurminen Logistics adjusts its operations in Finland and Russia

Nurminen Logistics Plc                                           Stock Exchange Release 31 March 2015 at 2:00 p.m.

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

For more information, please contact: Olli Pohjanvirta, President and CEO, tel. +358 10 545 2431.

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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.