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Stock impact report

Postal-led strikes end in Finland, but more to follow [Reuters]

NOKIAN TYRES PLC UNSP/ADR (NKRKY) 
NASDAQ:AMEX Investor Relations: nokiantyres.com/company/investors
Company Research Source: Reuters
Postal-led strikes end in Finland, but more to follow HELSINKI, Nov 27 (Reuters) - A more than two-week strike at Finland’s state postal service Posti that spread to other industries in solidarity actions ended on Wednesday, a national mediator said. One of the highest-profile solidarity strikes forced Finland’s national airline Finnair to cancel around 300 flights between Sunday and Tuesday. But chief labour conciliator Vuokko Piekkala - whose position is nominated by the government every four years to solve disputes - said a resolution was found on Wednesday to settle the wage dispute at Posti. “Both parties have accepted my proposal for a settlement,” she said, referring to employee and employer representatives, who accepted, among other conditions, that pay rises will not exceed a level to be defined at later negotiations. Posti, where 10,000 of its 15,600 employees had gone on strike halting all paper mail, confirmed its operations would return to normal as soon as possible. “We Show less Read more
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