Helsinki, Finland, 2014-04-30 15:00 CEST (GLOBE NEWSWIRE) --
Lassila & Tikanoja plc Stock exchange release 30 April 2014 4.00 pm
Lassila & Tikanoja plc: The District Prosecutor has dropped the charges against Pekka Ojanpää who was accused of offences related to occupational health and safety and working hours legislation
Today, 30 April 2014, Lassila & Tikanoja plc has received information according to which the District Prosecutor for Helsinki has decided to drop the charges against the company’s President and CEO Pekka Ojanpää and eight other current and former members of Lassila & Tikanoja’s management staff who were accused of offences related to occupational health and safety and working hours legislation.
The corporate fine and claim for advantage received remain in force against the company.
In the summer of 2012, monitoring by the Regional State Administrative Agency for South Finland revealed that in a few of Lassila & Tikanoja plc’s units in the Helsinki metropolitan region the legal limits of overtime work had been exceeded.
The company notified on 1 July 2013 that, on the basis of the consideration of charges, the District Prosecutor for Helsinki had decided to press charges against 21 former and current management staff at Lassila & Tikanoja, including Pekka Ojanpää, President and CEO since 1 November 2011. They were accused of offences related to occupational health and safety and working hours legislation. These alleged acts are suspected to have occurred between 2009 and 2012. In addition, the prosecutor has demanded that the company pay a corporate fine of a minimum of EUR 100,000.
LASSILA & TIKANOJA PLC
Pekka Ojanpää
President and CEO
For additional information, please contact
Timo Leinonen, CFO, tel. +358 400 793 073 (investors and analysts)
Jorma Mikkonen, Director, Corporate Relations and Responsibility, tel. +358 50 045 3454 (media)
Lassila & Tikanoja is a service company that is transforming consumer society into an efficient recycling society. In co-operation with our customers, we are reducing waste volumes, extending the useful lives of properties, recovering materials and decreasing the use of raw materials and energy. We help our customers to focus on their core business and protect the environment. Together, we create well-being and jobs. With operations in Finland, Sweden and Russia, L&T employs 8,000 persons. Net sales in 2013 amounted to EUR 668.2 million. L&T is listed on NASDAQ OMX Helsinki.
Distribution:
NASDAQ OMX Helsinki
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www.lassila-tikanoja.com