Announcement • Jul 08

Wetteri plc Improves Operational Efficiency and Initiates Change Negotiations

Wetteri Plc had initiated change negotiations to support profitable growth and reorganize its operations. The objective of the change negotiations was to reorganize work and job descriptions so that the company’s different functions could operate as efficiently, effectively and profitably as possible. In addition, the company needed to reassess its organizational model, as the previous organizational change implemented in autumn 2025 had not resulted in the targeted improvement in operational efficiency. The company was targeting estimated cost savings of EUR 7.3 million, including personnel cost savings and other measures aimed at improving profitability. If implemented, the measures may result in the discontinuation or reorganization of certain sets of duties. The change negotiations covered the entire personnel of Wetteri Plc and the personnel of Wetteri Group’s subsidiaries Wetteri Auto Oy and Wetteri Yhtiöt Oy, as well as the entire personnel of Lahden Rekkapaja Oy. According to the company’s preliminary estimate, the need for reductions amounted to approximately 95 person-years. In addition, the company was considering dismissal-based changes to job descriptions for approximately 47 employees and temporary layoffs of up to 90 days per employee for approximately 20 employees. The change negotiations did not concern the personnel of Suvanto Trucks Oy. Wetteri Group employed approximately 760 people. The change negotiations would begin on July 13, 2026 and would be conducted in accordance with the Act on Co-operation within Undertakings and the applicable collective agreements. The negotiations were expected to conclude on August 3, 2026 at the earliest. Wetteri would communicate the outcome of the change negotiations after the negotiations had been concluded.

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