5. Employee benefit expenses

EUR 1,000 2019 2018



Wages and salaries -13,541 -16,539
Pension expenses, defined contribution plans -601 -706
Pension expenses, defined benefit plans (note 20) -136 -166
Other long-term employee benefit expenses

Other employee benefits -1,683 -1,501
Employee benefit expenses total *) -15,961 -18,911



*) Include one-time costs EUR 0 thousand (591) in year 2019


Information about management compensation is presented in note 27.


Average number of employees

Finland 40 63
India 379 414
Middle-East 82 76
Latin America 53 52
Total 554 605






Employee incentive scheme

Tecnotree group has an employee incentive program for 2020 -2022 designed to align the participants' focus with Tecnotree’s growth strategy and long-term success. The LTI Plan includes Restricted Share Units (RSUs) giving a contractual right to receive shares over the next 3 year period as per an equated semi-annual vesting schedule.