Press release

Cooperation negotiations at Fortum's Inkoo power plant finalised

17 June 2009, 12:30 EEST

Fortum Corporation
Press release
17.6.2009

Cooperation negotiations at Fortum's Inkoo power plant finalised The cooperation negotiations initiated on 11 May 2009 concerning personnel reductions at Fortum's Inkoo power plant in Finland have been finalised. As a result, 8 employees will be made redundant. The negotiations involved a reduction of maximum 60 positions at the Inkoo power plant. During the process, a retirement solution or a new position in Fortum could be found for majority of the employees under redundancy threat. The cooperation negotiations were initiated as Fortum is transferring two units out of four at the Inkoo power plant to extended start-up readiness resulting in a reduced need of personnel. Fortum Corporation Corporate Communications Further information: Alpo Savikoski, Power Plant Manager, Inkoo power plant, tel. +358 50 4543702.