Panostaja’s investment destination Grano begins change negotiations


The bettor investment target Grain will start change negotiations, the target of which are approximately 570 people from the Grano Group, excluding the subsidiary Grano Diesel.

Change negotiations are initiated to improve the company’s profitability and to strengthen the company’s long-term competitiveness.

Annual cost savings of approximately three million euros are estimated to be achieved with the planned structural and organizational changes and other cost-saving measures.

If the plans are implemented, they could lead to the termination of the employment of up to 59 people, changes to the terms of the employment or part-time employment.

In addition, due to the current market situation, temporary and indefinite layoffs of personnel may come into question.

The Grano Group employs approximately 780 people.

Source: www.arvopaperi.fi