Market announcement

Nordic Fibreboard AS

LEI code

54930002HOIXBD15OM06

Size of the entity

Small group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

2311

Submission date and time

26.06.2009 16:30:00

Content of announcement in Estonian

Title

Lühendatud tööaja rakendamine

Message

AS Viisnurk kliendid prognoosivad jaemüügi jätkuvat madalseisu. Seetõttu on     
vähenenud tehaste tootmismahud ning ettevõtte juhtkond on otsustanud rakendada  
lühendatud tööaega.                                                             

Seoses sellega sõlmis AS Viisnurk enamiku mööblivabriku töötajatega kokkuleppe  
rakendamaks lühendatud tööaega (30-32 tundi nädalas) ajaperioodil 01. juulist   
2009. a. kuni 31. märtsini 2010. a.                                             

Ehitusmaterjalide tootmine toimub vähendatud mahus kolmes vahetuses, nelja      
vahetuse asemel.                                                                


Einar Pähkel                                                                    
Finantsdirektor                                                                 
447 8331                                                                        
[email protected]                                                        
http://www.viisnurk.ee

Content of announcement in English

Title

Usage of part-time working

Message

The clients of AS Viisnurk are estimated continuing low level of retail sales.  
It causes smaller production volumes and the management of the company has      
decided to use the part-time working.                                           

On the assumption of abovementioned AS Viisnurk has concluded agreements with   
most of the employees of furniture factory to use part-time (30-32 hours per    
week) for time period from 01 July 2009 to 31 March 2010.                       

Production in Building Materials Division continues in low level by three shifts
instead of four shifts.                                                         


Einar Pähkel                                                                    
CFO                                                                             
+372 447 8331                                                                   
[email protected]                                                        
http://www.viisnurk.ee