Stock Exchange Bulletin
Inside Information
January 28, 2026, at 11:00 a.m. EET
Solteq Group initiates change negotiations in Finland to adjust its workforce to
current demand, streamline operations, and improve profitability. At the same
time, operations will be reorganized to better respond to changed customer and
business needs. The change negotiations concern the Retail & Commerce and
Utilities segments and aim to achieve annual cost savings of at least EUR 2.1
million.
“The prolonged weak customer demand in the software and IT sector requires us to
reorganize our operations. In the current situation, the number of our personnel
exceeds the amount of available work. In addition, we are renewing the Retail &
Commerce organization to better meet current and future market needs. In the
Utilities Software business, productization has advanced to the point that
demand for work has declined significantly. Therefore, these changes also
require a new way of organizing our operations,” says CEO Aarne Aktan.
In Finland, Solteq will initiate change negotiations in accordance with Chapter
3, Section 16 of the Finnish Co-operation Act, based on possible production,
economic, and operational grounds. The change negotiations concern employees in
the Commerce & Data and Utilities Software business units, as well as in the
POS/Unified Commerce business area. The change negotiations may result in the
termination of employment of up to 40 employees. In addition, the planned
measures may lead to changes in job descriptions, roles, terms and conditions of
employment, and organizational structures for all employees involved in the
negotiations. The change negotiations will commence on February 2, 2026, and are
expected to be completed by March 16, 2026.
Solteq Plc
Board of Directors
Distribution:
Nasdaq Helsinki
Key media
www.solteq.com
Further Information:
CEO Aarne Aktan
Tel: +358 40 342 4440
E-mail: aarne.aktan@solteq.com
CFO, General Counsel Mikko Sairanen
Tel: +358 50 567 3421
E-mail: mikko.sairanen@solteq.com
About Solteq
Solteq is a Nordic software solution and expert service provider specializing in
retail and energy sectors and needs related to e-commerce. The company employs
approximately 400 professionals and operates in Finland, Sweden, Norway,
Denmark, Poland, and the UK.