Board/Management Information • Dec 11, 2025
Board/Management Information
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Suvic Oy, a subsidiary of Dovre Group Plc, initiates change negotiations concerning its blue-collar workers
Dovre Group Plc | Inside Information | December 11, 2025, at 2:00 PM
Suvic will initiate change negotiations due to financial and production-related reasons. The negotiations concern the company’s blue-collar workers. The primary objective of the negotiations is to adjust the number of employees to meet the needs of the ongoing projects.
The preliminary estimate of the reduction need is approximately 22 person-years. The exact number of redundancies and the functions affected will be specified during the statutory cooperation negotiations. Suvic Oy employs around 100 people, of whom 27 are blue-collar workers.
The change negotiations will begin on 18 December 2025 and will be conducted in accordance with the Finnish Act on Co-operation within Undertakings. The negotiations are expected to be completed in early January. The outcome of the negotiations will be communicated once they have concluded. Any potential measures are intended to be implemented by the end of February 2026.
“In order to operate sustainably from a financial perspective, we must align our resources with the actual needs of our projects. The changes in our business mix unfortunately mean that adjustment measures will also be required within our site workforce. This process is not easy, and the decision was not made lightly, but it is essential for the company’s stability and for the execution of future projects,” says Markku Taskinen, CEO of Suvic.
The previous round of change negotiations at Suvic Oy took place in October–November 2025 and concerned salaried employees.
For further information, please contact:
Suvic Oy
Markku Taskinen, CEO
Tel. +358 50 343 1482
Dovre Group Plc
Timo Saarinen, Acting CEO and Interim CFO
Tel. +358 50 452 4215
Distribution
Nasdaq Helsinki
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