Oilon Group has initiated co-operation negotiations in Finland to adapt its operations to a challenging market environment. The negotiations are based on production-related and financial reasons, as well as the need to reorganize operations.
The potential measures may affect up to 50 employees and include layoffs, part-time work, changes to employment conditions. In addition, possible measures may include temporary layoffs of all personnel, the duration of which may not exceed 90 days.
The aim is to secure the Group’s operating conditions and to improve profitability and competitiveness in the long term. The negotiations will be conducted in a way that minimizes the impact on business operations and personnel as much as possible.