PRESS RELEASE, 28 NOVEMBER 2023

Ponsse Plc has invited its production employees in Vieremä to cooperation negotiations in accordance with the Co-operation Act to discuss measures to adapt to the weakened market situation.

The company's order books have continued to decrease during the last two quarters. As a result, production adaptations need to be planned through possible layoffs. If the plans were to materialise, layoffs of at most 90 days per person would be required in production in Vieremä during 2024. The negotiations concern Ponsse Plc's production personnel (395 people) except for the production personnel of the technology company Epec Oy and Ponsse Plc's white-collar workers.



Vieremä, 28 November 2023

PONSSE PLC

Juho Nummela
President and CEO

FURTHER INFORMATION
Juho Nummela, President and CEO, tel. +358 400 495 690

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Ponsse Oyj published this content on 28 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2023 08:10:30 UTC.