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BRIEF-Elektrobit rationalizes operations in Wireless Business Segment in Finland
December 17, 2014 / 9:41 AM / 3 years ago

BRIEF-Elektrobit rationalizes operations in Wireless Business Segment in Finland

Dec 17 (Reuters) - Elektrobit Oyj :

* Rationalizes operations in Wireless Business Segment in Finland

* Has decided to terminate employment contracts of a maximum of 19 employees in its sites in Kajaani and Tampere

* For a few employees, will alternatively offer new positions in Oulu

* Will achieve annual cost savings of about 1 million euros($1.25 million), from beginning of 2015 onwards Source text for Eikon: Further company coverage: ($1 = 0.8021 euros) (Gdynia Newsroom)

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