In October 2007, Enics announced that it will start a major development program to strengthen Enics Finland’s competitiveness.

According to the plans, the PCBA (Printed Circuit Board Assembly) manufacturing and final testing will be done in the newly established PCBA plant in Lohja. In addition to this, Enics will invest in latest technology and strengthen customer services by establishing strong customer focused centers to Lohja, Vaasa and Varkaus.

The preliminary estimate of the employer is that, if the development program is implemented as planned, measures might lead to possible reduction of 110 jobs in Enics Vaasa Unit. Correspondingly, the amount of employees in Lohja PCBA plant will increase with tens of employees.

Invitation to the codetermination negotiation concerning Enics Vaasa Unit has been given today.

The goal of these plans is to develop operations, so that it will create best possible conditions to operate efficiently and remain competitive in Finland.

Enics employs approximately 700 people in Finland. The Finnish units are located in Lohja, Vaasa and Varkaus. Enics also operates in China, Estonia, Sweden, Slovakia and Switzerland. Enics employs 2700 people worldwide.

Enics Finland Oy                 Enics AG

Jari Kinnari                        Ari Räisänen

Country Manager               Senior Vice President, Operations

Enics
Enics is one of the largest electronics manufacturing services (EMS) companies in the industrial and medical electronics field and provides end-to-end solutions consisting of design-support, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers' products. More information on the company is available at www.enics.com.

Further information:

Jari Kinnari, Country Manager, Enics Finland Oy, +358 50 3039744
Minna Oksanen, Communication Manager, Enics AG, +358 50 5828134