Enics, one of the world’s leading Electronics Manufacturing Services providers in industrial and medical electronics, has concluded its employer-employee negotiations affecting its Varkaus unit. As a consequence of the negotiations the operations at the Varkaus unit will be transferred to other Enics plants in Finland and abroad during 2009.

The closure of the Varkaus unit will see the loss of 164 jobs, 141 in production and 23 in administrative and management positions. These employee reductions will be implemented during 2009.

Enics has around 500 employees in Finland, at locations in Lohja, Vaasa and Varkaus. In addition to Finland, Enics has operations in China, Sweden, Slovakia, Switzerland and Estonia. Enics has a total of around 2,600 employees.

Enics AG                                            Enics Finland Oy

Ari Räisänen                                        Jari Kinnari

Senior Vice President, Operations          Country Manager

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 (0)50 3039744