Alma Media Corporation Press release January 16, 2013 at 3:00pm (EET)
ALMA MANU PLANNING THE FUTURE OF ITS ROVANIEMI NEWSPAPER PRINTING FACILITY
Alma Media's printing and distribution company, Alma Manu Oy, is planning the future of its newspaper printing facility in Rovaniemi, Finland, and is therefore starting statutory personnel negotiations.
The negotiations concern the entire staff of the Rovaniemi printing facility and mailing department, a total of 23 employees. The topic of the negotiations is the planning of the future for the Rovaniemi printing facility and the various options involved, as well as the possible measures affecting staff and the reasons, effects and alternatives of these measures.
One of the options in the plans is discontinuing printing in Rovaniemi and transferring the products now being printed there to other newspaper printing facilities. If, after an analysis of the options, this would be the decision, it is expected to happen no earlier than in 2015 and might lead to the redundancy of the entire staff of the facility.
The present printing facility in Rovaniemi started operations in 1987, after which its equipment has been partly modernised in 2005. The economic life of the facility is nearing the point where decisions about potential additional investments are required. Of newspapers published by Alma Media, the Rovaniemi facility prints Iltalehti, Pohjolan Sanomat and Lapin Kansa.
For more information, please contact:
Helvi Liukkaala, Managing Director, Alma Manu Oy, tel. +358 10 665 3009
Alma Media in brief
Alma Media is a dynamic media company whose best-known products are Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 3,000 professionals. The company's revenue in 2011 totalled MEUR 316.2 with an operating margin of 13.3 per cent. Alma Media's share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.com.