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Finnish Railway News

Finland's Transtech to lay off staff
Fri Aug 29 16:56:37 EEST 2008
Finnish rolling stock maker Transtech said Friday it would begin a statutory round of cooperation procedure talks at its factory in Kajaani, adding up to 85 people might be laid off. Markku Blomberg, the chief executive of Transtech, said negotiations over a number of potential orders had taken longer than expected. Transtech employes about 440 people in Kajaani and Oulu.

Source STT 29.8
Reported by Kimmo Kotimäki

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