Published: 2009-03-05 12:00:00 CET
Glaston Oyj Abp - Company Announcement
Co-operation negotiations concerning Glaston's glass processing unit ended
GLASTON CORPORATION   Stock Exchange Release 	5th March 2009 1 p.m. 


Co-operation negotiations concerning Glaston's glass processing unit ended      

Co-operation negotiations to bring the building glass operations of Tamglass    
Glass Processing, a subsidiary of Glaston Corporation, into line with the       
current market situation, have been concluded.                                  

As a result, Tamglass Glass Processing will focus its building glass production 
to Tampere and production at the Lempäälä plant will be wound up by 15th June   
2009.                                                                           

This will entail 35 redundancies, in addition to which the firm's entire        
personnel will be subject to temporary lay-offs of 25 weeks during 2009, through
to the end of March 2010, and in addition with respect to 30 staff, the lay-offs
are for the time being.                                                         

Upon the conclusion of the negotiations, Tamglass Glass Processing has around   
113 staff, 93 being employed in Tampere's building glass operation and 20 in the
town of Akaa's solar energy operations.                                         



For further information, please contact:                                        
Glaston Corporation, Mika Seitovirta, CEO & President                           
Tel. +358 (0)10 500 500                                                         

Tamglass Glass Processing, Timo Rautarinta, Managing Director                   
Tel. +358 (0)10 500 510                                                         
                                                                                
Submitted by:                                                                   
Glaston Corporation                                                             
Agneta Selroos                                                                  
Corporate Communications and IR Manager                                         
Tel. +358 (0)10 500 6105                                                        






Glaston Corporation                                                             

Glaston Corporation is a growing, global glass technology group. As the leading 
supplier of glass processing machines in the world and a One-Stop-Partner for   
glass processors, its product range and service network are the most extensive  
in the industry. Glaston's well-known brands are Bavelloni in pre-processing    
machines and tools, Tamglass and Uniglass in safety glass machines, and         
Albat+Wirsam in software solutions.                                             

Glaston's own glass processing unit, Tamglass Glass Processing, is a            
manufacturer of high quality safety glass products, and operates in Finland.    

Glaston's share (GLA1V) is quoted on the Mid Cap list of the NASDAQ OMX         
Helsinki.                                                                       
www.glaston.net


tgl lasinjalostus 050309_en.pdf