Change negotiations related to the integration of Gofore’s and Huld’s operations and trimming of overlapping administration concluded

Gofore Plc
Press release
3 December 2025 at 3.30 pm EET

As part of the integration program, overlaps within the companies’ administrative functions were identified, and plans to streamline and enhance administrative efficiency were included in the negotiations. As a result of the negotiations, Gofore will take measures that will lead to the termination of up to 14 employment contracts within the administrative functions of Gofore Plc and Huld Ltd in Finland. Discontinuing overlapping roles, reducing other administrative redundancies, and improving administrative efficiency are expected to generate annual savings of approximately EUR 1.3 million.

The organisations will be operationally integrated in early 2026, which is also when the first cost synergies are expected to materialise.

“The first three months with Huld have shown that together we form a highly relevant combination for our customers in merging the tangible and digital dimensions of the industrial and defence sectors. Collaboration in customer work and sales is already running surprisingly smoothly. We are eagerly looking forward to early next year, when our business operations and support functions will be integrated. Rapid realisation of cost synergies is also important for supporting profitability,” says Mikael Nylund, CEO of Gofore.

Further information

Mikael Nylund, CEO, Gofore Plc
t. +358 40 540 2280
mikael.nylund@gofore.com