Last update: 28.11.2024 19:13 (GMT+2)

TFA: REORGANIZATION OF MANUFACTURING

27.03.2002, Tallinna Farmaatsiatehas, TLN

Tallinna Farmaatsiatehas NEWS RELEASE 03/27/2002

REORGANIZATION OF MANUFACTURING

Underlying on the Tallinna Farmaatsiatehase AS shareholders extraordinary
general meeting resolution, accepted in March 5th, 2002, Tallinna
Farmaatsiatehase AS management board started with procedures concerning
releasing employees.

On the assumption of preliminary analyses the company will terminate
contracts of employment with approximately 45 employees, which equates 26%
of the workforce.

The reorganization of the manufacturing is being enacted according to the
plan - to take the manufacturing in accordance with international
requirements.


Raivo Unt
CFO
+372 6 120 201

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