Metso concludes employee negotiations

Metso concludes employee negotiations 
HELSINKI, FINLAND -- (Marketwire) -- 01/14/13 -- Metso Corporation's
press release on January 14, 2013 at 11:00 a.m. local time 
Metso has concluded employee negotiations in its different businesses
in Finland. As a result of the negotiations, the company will reduce a
total of
101 jobs. At the start of the negotiations, the reduction
need was estimated to be a total of about 160 jobs. 
The goal of the employee negotiations is to adjust the company's
production capacity to correspond with the permanent structural
changes in the operating
environment and to improve long-term cost
competitiveness and profitability. 
Automation business 
In Automation, 80 jobs will be reduced, 51 of them permanently. At
the start of the negotiations, the job reduction need was estimated to
be about 120 jobs. 
Temporary lay-offs in Vantaa will commence in February. The number
and duration
of temporary lay-offs depends on the work load and the
volume of orders received. At the start of the negotiations,
preparations were made for potential
temporary lay-offs both in
Tampere and Vantaa. 
Employee negotiations in other Metso businesses in Finland 
As a result of the employee negotiations, 15 jobs will be reduced at
the Mining
and Construction's Tampere foundry. According to the
negotiation decision valid
until September, temporary lay-offs can be
implemented in crushing and screening
equipment manufacturing and at
the foundry only if the work situation so requires. 
Employee negotiations concerning temporary lay-offs have been
conducted in the
units serving the pulp industry in Pori, and the
temporary lay-offs affecting
about 20 people will commence in
February. The negotiations concerning potential
temporary lay-offs
continue in the Power units in Tampere. 
Additionally, Metso's HR Services unit will reduce 6 jobs around
Finland and
temporarily lay-off 18 during 2013. 
The overall target of the employee negotiations is annual savings of
approximately EUR 8 million. The cost reductions are estimated to be
realized in full during 2013. 
Metso is a global supplier of technology and services to customers in
the process industries, including mining, construction, pulp and
paper, power, and
oil and gas. Our 30,000 professionals based in over
50 
countries deliver sustainability and profitability to customers
worldwide. Expect results. 
www.metso.com, www.twitter.com/metsogroup 
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and    
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originality of the information contained therein. 
Source: Metso Corporation via Thomson Reuters ONE 
[HUG#1670099] 
For further information, please contact: 
Harri Nikunen
CFO
Metso Corporation
harri.nikunen@metso.com
tel. +358 20 484 3010 
Markku Simula
President
Flow Control business line, Automation business
markku.simula@metso.com
tel. +358 40 579 8128 
Pekka Pohjoismaki
President
Crushing and Screening business line, Mining and Construction business
pekka.pohjoismaki@metso.com
tel. + 358 400 334 400
 
 
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