Vesivek Tuotteet Ltd will initiate change negotiations concerning personnel

Vesivek Tuotteet Ltd, part of the HLRE Holding Group, will initiate change negotiations concerning personnel. The basis for the change negotiations is the anticipated slowdown in demand during the upcoming winter season, due to both seasonality and the current market situation. The aim of the negotiations is to adjust current resourcing to the reduced sales volume.

As a result of the planned changes, the number of personnel is estimated to decrease by no more than 10 employees. In addition, the planned changes may lead to temporary layoffs affecting up to 71 employees. Other potential personnel impacts may affect no more than two individuals involved in the change negotiations.

The negotiations will take place in November, starting on 3 November 2025, and will concern all personnel of Vesivek Tuotteet Ltd.

The personnel changes are estimated to generate total annual savings of approximately EUR 0.7 million for the group. These measures are a response to declining market demand and aim to maintain financial profitability.

For further information

Pasi Heikkonen, CEO, Vesivek Tuotteet Ltd
pasi.heikkonen@vesivek.fi                        
+358 40 776 5527