The Result of the Change Negotiations at Valoe: The Company Adjusts Its Operations with Temporary Layoffs
31 January 2024 - 3:05AM
The Result of the Change Negotiations at Valoe: The Company Adjusts
Its Operations with Temporary Layoffs
Valoe
Corporation Stock
Exchange Release 30 January 2024 at 18.05 (Finnish
time)
Valoe Corporation has successfully completed the change
negotiations the company disclosed on 18 January 2024. Valoe
commenced change negotiations with its employees to adjust its
operations and human resources based on financial and production
reasons.
In accordance with the outcome of the negotiations, Valoe will
temporarily lay off part of its staff. The layoffs will be mainly
for fixed-term and implemented in a way to maintain the company's
production and operational capacity as well as the ability to
manufacture the current production demand from the company’s
customers and also to assure potential new orders.
In Mikkeli 30 January 2024
Valoe Corporation
Board of Directors
For more information: Iikka SavisaloPresident and CEO, Valoe
CorporationTel. +358 40 521 6082, email:
iikka.savisalo@valoe.com
Distribution:NASDAQ OMX, Helsinki Main media www.valoe.com
Valoe Corporation specializes in the clean energy, especially in
photovoltaic solutions. Valoe provides PV technology based on its
own back contact technology and related projects, project design
and technology consulting. Valoe also provides manufacturing
technology for PV modules, module manufacturing lines, modules and
key components for modules, as well as IBC solar cells manufactured
at the Company’s factory in Lithuania. Valoe is headquartered in
Mikkeli, Finland, with production facilities in Juva, Finland, and
Vilnius, Lithuania.
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