Nurminen Logistics Plc’s co-determination negotiations concluded

Nurminen Logistics Plc                                           Stock Exchange Release 28 April 2015 at 12:00 p.m.

Nurminen Logistics Plc announced on 31 March 2015 its plans to adapt its operations in Finland regarding rail terminal services and forwarding services and in Russia regarding rail transport services. The co-determination negotiations in its subsidiary Nurminen Logistics Services Oy have been concluded.

The personnel reductions in Finland are 6 lay-offs and 3 shifts to part-time employment. In Russia the personnel reductions are 4 lay-offs. 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.