Press Releases

October 19 2012: PKC´s employees in Acuña, Mexico elected CTM to continue as their union representative

The official election regarding the labour union representation of the employees at PKC Group´s facilities in Acuña, Mexico was arranged by the Mexican Federal Labour Board on 18 October 2012. According to the counting of the votes by the Labour Board, the Confederation of Mexican Workers (CTM), the labour union with whom a collective bargaining agreement had already been executed, won the election with 52% of the votes cast. Voter turnout was 64%. The Labour Board will make an official ruling of the results within the next few weeks.

"PKC is pleased that this issue has now been officially resolved and that the working conditions in Acuña remained stable throughout the process. This process confirms that PKC has first-rate management practices in Acuña, which has led to low employee turnover, good job satisfaction and, as a result, high customer satisfaction. Acuña is in many ways PKC´s most advanced operating location and has implemented many world-class practices e.g. in relation to health and safety. We are proud of these best practices and intend to implement them gradually at PKC´s other plants worldwide,´ says President & CEO Matti Hyytiäinen.

Throughout the process, PKC has supported the Labour Board´s decision to arrange the election, remained impartial and has done everything in its power to ensure a free, fair and transparent vote. PKC has demonstrated an unwavering commitment of impartiality and refrained from making any public statements regarding the election. The outcome of the vote confirmed PKC´s impartiality as employees freely voted for their choice of union through secret ballot.

PKC has at all times complied fully with the laws of Mexico as well as with the international recommendations and principles set out by OECD and ILO, including employees´ freedom of association and the right to collective bargaining. The results of the vote confirm that PKC has followed the will of its employees throughout the labour union process.

“In our opinion the arrangement of the election was for the benefit of all the parties, and we wish that everyone will accept the result of the vote and allow Acuña´s personnel to continue their excellent work in serving our customers,´ Mr Hyytiäinen comments. 

PKC Group Plc

Matti Hyytiäinen
President & CEO

For additional information, contact:
Matti Hyytiäinen, President & CEO, PKC Group Plc, +358 400 710 968, matti.hyytiainen@pkcgroup.com

DISTRIBUTION
NASDAQ OMX
Main media
www.pkcgroup.com

The PKC Group offers design and contract manufacturing services for wiring systems and electronics. The Group has production facilities in Brazil, China, Estonia, Finland, Germany, Ireland, Mexico, Poland, Russia, Ukraine and the USA. The Group's net sales in 2011 totalled EUR 550.2 million. PKC Group Plc is listed on NASDAQ OMX Helsinki Ltd.

 

April 11 2012: PKC GROUP´S RESPONSE TO MEXICAN CIRCUMSTANCES

In response to recent shareholder and media attention in Finland, PKC Group states that it has not, and is in no way restricting the rights of its employees in Mexico nor anywhere else in the world, including their rights of association. Furthermore, PKC Group is complying fully with the Mexican laws and norms as well as with the freedom of association imposed by International Labor Organization ILO.

The company takes the recent accusations very seriously and is open for dialogue with its employees, investors and media related to the matter.

Read more at PKC´s webpages at http://www.pkcgroup.com/index.php?1515

PKC Group Plc

Matti Hyytiäinen
President & CEO

For additional information, contact:
Matti Hyytiäinen, President & CEO, PKC Group Plc, +358 400 710 968

DISTRIBUTION
NASDAQ OMX
Main media
www.pkcgroup.com

The PKC Group offers design and contract manufacturing services for wiring systems and electronics. The Group has production facilities in Brazil, China, Estonia, Finland, Germany, Ireland, Mexico, Poland, Russia, Ukraine and the USA. The Group's net sales in 2011 totalled EUR 550.2 million. PKC Group Plc is listed on NASDAQ OMX Helsinki Ltd.

Link PKC Group respects the rights of its employees