HKScan Oyj updated its strategy and its management and operating model during 2012. In accordance with the strategy, and to develop the productivity and profitability of the business, the ways of working will be harmonised and the group structure will be made more compact in all the company's home markets. The goal is to utilise the group synergies more effectively.

As part of this, there are plans to reorganize the structures and functions of HKScan's Finnish operations. The planned actions aim to improve profit by approximately EUR 5 million annually, and they are planned to be carried mainly out by the end of 2013. The plans include investments and non-recurring costs, the amount of which will be specified during the negotiation process.

The labour negotiations proposal submitted covers the Finland-based personnel of the HKScan Oyj and the staff of HK Ruokatalo Oy and HK Agri Oy, with certain limitations. The possible impact on personnel is estimated to concern/to be directed at up to 295 blue-collar employees, administrative staff or senior administrative staff. The negotiations aim to keep the amount of terminations of employment to under half of what is estimated through changes in job descriptions or other milder solutions regarding the personnel.

The negotiations will begin on January 14, 2013. The preliminary estimate of the durations of the negotiation process is from 6 to 8 weeks. The possible impact on personnel will be further specified as the negotiations unfold.

HKScan has approximately 2,400 employees in Finland.