Mon June 21 12:10 pm 2010 in category Stock exchange releases
Nokian Tyres plc Stock exchange release 21 June 2010 at 12:00 p.m.

Statutory negotiations at Nokian Tyres ended

The statutory negotiations at Nokian Tyres’ Nokia plant ended today. The results of the negotiations were to cut personnel by a total of 19 people and lay off 37 people for a limited period. The personnel cuts and lay-offs concern all personnel groups. With these measures Nokian Tyres adjusts the Nokia plant's production and support function resources to the current stabilised shift system.

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Further information: Esa Eronen, Vice President, Production Technology, tel. +358 10 401 7281.

Distribution: NASDAQ OMX and the key media