Prenumeration
Beskrivning
| Land | Finland |
|---|---|
| Lista | First North Finland |
| Sektor | Handel & varor |
| Industri | Sällanköpsvaror |
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18.12.2025 12:45:37 EET | Duell Oyj | Other information disclosed according to the rules of the Exchange
On 22 September 2025, Duell Corporation announced an efficiency plan for the Tampere warehouse operations in Finland, with the aim of reducing the number of warehouses in the Nordic countries from three to two by transferring bicycle product warehouse operations from Tampere to Mustasaari in Finland and Tranås in Sweden. The change negotiations of Oy Duell Bike-Center Ab concerning warehouse operations in Tampere began on 29 September 2025, in accordance local requirements for negotiations with employee representatives.
The Company has completed the change negotiations. As a result of the negotiations, a total reduction in personnel will be nine positions. The original estimate of the need for reduction was a maximum of 15 positions. The transfer will be completed by the end of March 2026.
This measure is expected to generate annual savings of around EUR 400,000, as well as one-off costs of around EUR 350,000 in the first half of the 2026 financial year.
Further information:
Magnus Miemois, CEO
Duell Corporation
+358 50 558 1405
magnus.miemois@duell.eu
Pellervo Hämäläinen, Communications and IR Manager
Duell Corporation
+358 40 674 5257
pellervo.hamalainen@duell.eu
Certified Advisor
Oaklins Finland Ltd,
+358 9 612 9670
Duell Corporation (Duell) is an import and wholesale company based in Mustasaari, Finland, established in 1983. Duell imports, manufactures, and sells products through an extensive distribution network in Europe covering approximately 8,500 dealers. The range of products includes over 100,000 items under more than 500 brands. The assortment covers spare parts and accessories for Motorcycling, Bicycling, ATVs/UTVs, Snowmobiling, Marine and Garden/Forest categories. Logistics centres are in Finland, Sweden, Netherlands, France, and the UK. Duell’s net sales in 2025 was EUR 127 million and it employs 200 people. Duell’s shares (DUELL) are listed on the Nasdaq First North Growth Market Finland marketplace. www.duell.eu.