Nordic Business Report-April 11, 2006-Tunturi Oy Ltd to cut 49 jobs - report
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The Finnish bicycles and fitness equipment maker Tunturi Oy Ltd, owned by the Dutch group Accel Group NV, has reportedly decided to cut 49 jobs at its plant in Turku, Finland.
The job cuts follow a decision to transfer bicycle production to Hungary and the production of fitness equipment to Estonia, Finnish TV news said.
Tunturi will retain some assembly activities in Turku.
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