Business Services Industry

Comptel Corporation starts personnel negotiations

Nordic Business Report, Jan 8, 2009

NORDIC BUSINESS REPORT-8 January 2009-Comptel Corporation starts personnel negotiations(C)1994-2009 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish mediation software solutions company Comptel Corporation (OMX Helsinki:CTL1V) said on Thursday (8 January) that it is starting personnel negotiations to address a possible reduction of personnel.

The company estimates that the possible need for reduction applies to a maximum of 50 employees in Finland.

Comptel said that it has also requested its subsidiaries in Norway and United Kingdom to take actions to reduce cost.

In total, the group aims at reaching annual cost savings of approximately EUR7m.

Comptel provides Comptel Dynamic OSSTM solutions, enabling telecomms service providers to deliver services flexibly and charge for them effectively. Comptel has around 550 employees worldwide. In 2007, net sales were EUR82.4m and operating profit reached 20% of net sales.

One British pound (GBP) is worth approximately 1.06 euros (EUR).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2009 M2 Communications Ltd.
COPYRIGHT 2009 Gale, Cengage Learning

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale