AerotechTelub lay off 60 personnel in Arboga and Linköping

Due to lower order bookings from defense and industrial customers,
AerotechTelub AB is giving notice to 30 people in Arboga and 30 in
Linköping. Reductions will also affect a number of employees at other
locations within the company.

The measure is an adaptation in line with the prevailing order and
capacity situation. The union organizations have been informed, and
negotiations will begin after the summer break.

AerotechTelub is a service company which offers qualified technical
services, maintenance and customer-adapted system solutions within
information technology, electronics and aviation technology for the
military and civil defense, government departments and public
authorities as well as selected sectors of trade and industry.

AerotechTelub, a company in the Saab Group, has 2,100 employees and net
sales of approximately SEK 2.1 billion.

Saab is one of the world's leading high-technology companies, with its
main operations focusing on defence, aviation and space. The group
covers a broad spectrum of competence and capabilities in systems
integration.

For further information please contact:
Sören Björk, Human Resources Manager, AerotechTelub
Phone: +46 (0)589-830 84, +46 (0)730 66 66 93
Bertil Ullergren, Head of Communications, AerotechTelub
Phone: +46 (0)470-422 42, +46 (0)70 621 10 28

www.saab.se


------------------------------------------------------------
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/06/19/20030619BIT00360/wkr0001.doc
http://www.waymaker.net/bitonline/2003/06/19/20030619BIT00360/wkr0002.pdf
This information was brought to you by Cision

http://feed.ne.cision.com/client/saab//Commands/File.aspx?id=237786

The following files are available for download

MSWORD
PDF