The Union of Journalists in Finland and the Federation of the Finnish Media Industry reach an agreement in their collective agreement negotiations
Alma Media Corporation        Press release           17 May 2013 at 12:30
EEST
THE UNION OF JOURNALISTS IN FINLAND AND THE FEDERATION OF THE FINNISH MEDIA
INDUSTRY REACH AN AGREEMENT IN THEIR COLLECTIVE AGREEMENT NEGOTIATIONS
The Union of Journalists in Finland (UJF) and the Federation of the Finnish
Media Industry (FFMI) have reached an agreement in their collective agreement
negotiations. The UJF cancelled the strike concerning all media companies
and five and seven-day newspapers, in particular, which was due to begin today
at 2:00 p.m. The FFMI also cancelled the lockout directed at all newspapers and
magazines of the corporate members of the FFMI. Alma Media is satisfied with the
solution reached in the negotiations.
"It is essential that we reached a solution in the negotiations. The newspaper
publishing industry is facing an exceptionally difficult period in the midst of
the economic recession and the digitalisation of the media use. Now more than
ever we need the input of all parties to beat the changes in the industry," says
Kai Telanne, Alma Media's President and CEO.
Additional information:
Rauno Heinonen, Vice President, Communications and IR, Alma Media Corporation,
tel. +358 40 861 9345.
Alma Media in brief
Alma Media is a media company focusing on digital services and publishing. In
addition to news services, the company's products provide useful information
related to lifestyle, career and business development. The services of Alma
Media have expanded from Finland to the Nordic countries, the Baltics and
Central Europe. The company employs approximately 1,900 professionals (excluding
distributors), of whom over 20% work outside Finland. Alma Media's revenue in
2012 totalled approximately MEUR 320. Alma Media's share is listed on NASDAQ OMX
Helsinki. Read more at www.almamedia.com
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Source: Alma Media Oyj via Thomson Reuters ONE
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