The negotiations concerning the entire personnel of the Helsinki factory have concluded. After evaluation of different alternatives for adjustment of operations and improvement of profitability Incap Oyj has decided to close down the Helsinki factory and will transfer the production to the company's other factories. The decision means that the employment contracts of 8 white-collars and 48 blue-collars will be terminated gradually during winter and spring. The close-down of the factory and the production transfer will have no effect on customer relationships or deliveries. According to preliminary estimates the main part of the factory's production will end by autumn 2012. The sheet-metal manufacturing will be transferred partly to the company's factory in Vaasa and partly to subcontractors. The final assembly will be transferred to Kuressaare factory. The company estimates that the close-down of the factory will bring annual savings of about EUR 1.6 million in fixed costs. The Helsinki factory is operating in leased premises.