Panostaja's investment target Grano starts change negotiations
January 23 2024 - 3:00AM
Panostaja's investment target Grano starts change negotiations
Panostaja Oyj Stock Exchange Bulletin, Insider
Information January 23, 2024 11.00 a.m
Panostaja's investment target Grano starts change
negotiations
Panostaja Plc's investment target Grano will start change
negotiations targeting all Grano Group personnel, excluding its
subsidiary Grano Diesel. Change negotiations will be initiated to
improve the company's profitability and strengthen the company's
long-term competitiveness.
The planned structural and organisational changes and other
cost-saving measures are estimated to result in annual cost savings
of approximately EUR 4.5 million. The savings targets are expected
to be fully realised in the financial year 2025.
If the plans are implemented, they may lead to the termination
of employment contracts of a maximum of 84 employees, changes in
the terms of employment or part-time employment. In addition, due
to the current market situation, temporary and open-ended temporary
lay-offs may be possible.
Panostaja Oyj
Tapio TommilaCEO
Additional information:
CEO Tapio Tommila, Panostaja Oyj, +358 40 527 6311CEO Kimmo
Kolari, Grano Oy, +358 40 769 5807
Panostaja is an investment company developing Finnish
companies in the growing service and software sectors as an active
shareholder. The company aims to be the most sought-after
partner for business owners selling their companies as well as for
the best managers and investors. Together with its partners,
Panostaja increases the Group's shareholder value and creates
Finnish success stories. Panostaja has a majority holding in four
investment targets. Panostaja’s shares (PNA1V) are quoted on the
Nasdaq Helsinki Stock Exchange. In the 2023 financial year, the
Group’s net sales totaled MEUR 136,2.
https://panostaja.fi/en/
Panostaja Oyj (LSE:0JPI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Panostaja Oyj (LSE:0JPI)
Historical Stock Chart
From Nov 2023 to Nov 2024
