From GlobeNewswire:

Valoe Oyj has completed its negotiations to adjust its operations for economic and production reasons. As a result, the company will be implementing full and part-time furloughs to maintain production capacity while meeting current and future customer needs. Valoe Oyj’s main focus is on renewable energy, particularly solar power, and it sells PV technology, projects, design, and technology consulting based on its own background conductor technology. The company’s headquarters are in Mikkeli, with production facilities in Juvalla and Vilna, Lithuania. For more information, contact CEO Iikka Savisalo at [email protected].



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