2012 | 2011 | 2010 | 2009 | 2008 | 2007 | Release Archive | Subscribe to Releases
September 27, 2006
Elektrobit announced its plans to rationalize its operations in accordance with the new strategy on August 24, 2006. In context, it was announced that personnel negotiations would be started. In accordance with its plans, Elektrobit will redeploy the manufacturing of the production automation equipment from Kuopio to China and Estonia and centre the product development of the System Test business unit to the Oulu area.
In the space business no terminations are required because the operations have been sold to SF-Design Oy. In context, six Elektrobit employees will be transferred to SF-Design Oy with the corresponding terms of employment. The parties have agreed not to publish the other agreement terms. The majority of the other people who worked in the space business will continue working for Elektrobit with new assignments.
Of the 30 people to be dismissed, 18 work in Production Solutions, mainly in Kuopio, and 12 at Salo's System Test business unit. The negotiations involved a total of 55 people. Of these, the negotiations in Production Solutions and System Test involved 46 people and in the space business nine people. The need to dismiss people from Production Solutions and System Test decreased because for some of the people new jobs were found within Elektrobit during the personnel negotiations.
Oulunsalo, September 27, 2006
Elektrobit Group Plc.
Pertti Korhonen
CEO
Further information:
Maija-Liisa Fors
Director, Investor Relations
Elektrobit Group Plc.
Tel. +358 40 344 2875
About Elektrobit
Elektrobit's goal is to become a world leading embedded software and hardware company in selected wireless and automotive environments. The businesses are arranged under three business segments. The Wireless Communications Solutions segment encompasses the Mobile Terminal Solutions and the Radio Network Solutions business units providing R&D services, 3G smart phone reference design products and IP radio base station modules to telecommunications vendors. The Automotive Software segment encompasses the Automotive Software business unit providing in-car software products and R&D services for the automotive industry. The Test and Automation segment consists of the Network Test, the System Test and the Production Solutions business units providing testing, material handling and process automation tools and equipment for the electronics industry and teleoperators.
Elektrobit employs some 1 900 professionals in 15 countries. The Group's net sales for the year 2005 totaled eur 212.5 million. Elektrobit Group Plc. is listed on the Helsinki Stock Exchange.
Information on SF-Design Oy
SF-Design Oy, established in 2005, is a Finnish engineering office specialized in radio technology. Before the agreement signed with Elektrobit, SF-Design Oy has had offices in Forssa and employed approximately 10 people.
September 27, 2006
Print this releaseElektrobit's Personnel Negotiations Finished
Elektrobit's personnel negotiations have ended. As a result of the negotiations, a total of 30 people will be dismissed from the Production Solutions and System Test business units.Elektrobit announced its plans to rationalize its operations in accordance with the new strategy on August 24, 2006. In context, it was announced that personnel negotiations would be started. In accordance with its plans, Elektrobit will redeploy the manufacturing of the production automation equipment from Kuopio to China and Estonia and centre the product development of the System Test business unit to the Oulu area.
In the space business no terminations are required because the operations have been sold to SF-Design Oy. In context, six Elektrobit employees will be transferred to SF-Design Oy with the corresponding terms of employment. The parties have agreed not to publish the other agreement terms. The majority of the other people who worked in the space business will continue working for Elektrobit with new assignments.
Of the 30 people to be dismissed, 18 work in Production Solutions, mainly in Kuopio, and 12 at Salo's System Test business unit. The negotiations involved a total of 55 people. Of these, the negotiations in Production Solutions and System Test involved 46 people and in the space business nine people. The need to dismiss people from Production Solutions and System Test decreased because for some of the people new jobs were found within Elektrobit during the personnel negotiations.
Oulunsalo, September 27, 2006
Elektrobit Group Plc.
Pertti Korhonen
CEO
Further information:
Maija-Liisa Fors
Director, Investor Relations
Elektrobit Group Plc.
Tel. +358 40 344 2875
About Elektrobit
Elektrobit's goal is to become a world leading embedded software and hardware company in selected wireless and automotive environments. The businesses are arranged under three business segments. The Wireless Communications Solutions segment encompasses the Mobile Terminal Solutions and the Radio Network Solutions business units providing R&D services, 3G smart phone reference design products and IP radio base station modules to telecommunications vendors. The Automotive Software segment encompasses the Automotive Software business unit providing in-car software products and R&D services for the automotive industry. The Test and Automation segment consists of the Network Test, the System Test and the Production Solutions business units providing testing, material handling and process automation tools and equipment for the electronics industry and teleoperators.
Elektrobit employs some 1 900 professionals in 15 countries. The Group's net sales for the year 2005 totaled eur 212.5 million. Elektrobit Group Plc. is listed on the Helsinki Stock Exchange.
Information on SF-Design Oy
SF-Design Oy, established in 2005, is a Finnish engineering office specialized in radio technology. Before the agreement signed with Elektrobit, SF-Design Oy has had offices in Forssa and employed approximately 10 people.