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Suominen Begins Employee Negotiations

February 26, 2008

Reduction planned for flexible packaging business.

Suominen Flexible Packaging has begun employee negotiations at itsTampere and Nastola plants which is expected to lead to a headcount reduction of about 50 employees. The employee negotiations were started due to weakening profitability of     
Flexible Packaging's Finnish plants. The aim of the negotiations is to secure the company's competitiveness and operational viability in the future.