ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE May, 16 2005 at 9:00 AM
DECISION OF EVREUX COMMERCIAL COURT
The legal proceedings connected with the closure of Aspocomp S.A.S. plant in
Evreux Commercial Court have been terminated. The liquidators of Aspocomp
S.A.S. have waived their claim that Aspocomp Group Oyj should be held liable
for the obligations of Aspocomp S.A.S. Due to the waiver the proceedings have,
by the decision of the Commercial Court of Evreux, been terminated on 12 May
2005. A stock exchange release on the commencement of the proceedings was
issued on July 18, 2002.
The legal proceedings regarding the decision given in March 2005 by the Rouen
appellate court, according to which Aspocomp Group Oyj is to pay the 388
dismissed employees compensation for unfair dismissal, is still pending, as
Aspocomp Group Oyj has decided to appeal to the French Supreme Court.
For further information, please contact CEO Maija-Liisa Friman,
tel. +358 9 7597 0711
ASPOCOMP GROUP OYJ
President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for
the electronics industry in close cooperation with its customers. We hold a
strong and recognised position as a supplier of mobile data terminal equipment
components and we aim to further strengthen our position as a supplier to the
automotive industry and data communications networks. We offer our global
customers a fast road to mass production through flexible and cost-effective
adaptation of new technologies, to which our balanced production structure in
Europe and Asia is well adapted.
We strive to offer solutions to our customers that enable increased flexibility
in their own product development. Our belief is that this advantage will bear
increasing significance for our customers as end product lifecycles continue to
The Aspocomp Group’s production facilities are located close to its customers in
Finland, China and Thailand. In 2004 Group turnover stood at around 200 million
euros with a staff of some 3,500.
The Helsinki Stock Exchange