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There is no social plan prepared in France, a planned "action plan" in Germany



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Vallourec "confirms its work on identifying the country's competitiveness plan.

Photo: AFP / VNA / CVN

The group responded to the magazine's news problems, earlier on his web site said that Walloach is preparing for a "big social plan" in France and Germany in 2019. Vallourec "Officially denies the information generating a comprehensive social plan for France, "said Vallourettes. The group said that the current plan at the Sauille (North) boiler house will be completed by the end of December 2018.

With regard to Germany, Vallourec "Confirms Work on Determining Action Plan to Increase Competitiveness" in the country. This plan will be presented "at the right time" for negotiation and negotiation with trade unions, the group said. problems without saying any sources, said that a social plan was prepared on three French sites and 1800 workplaces on the Düsseldorf Square in Germany. Prior to President Hoover de Vallureut, Javier Bertrand (formerly Former President of the Republic of Latvia) addressed Bruno Le Maire, Minister of Economy:Mr. Mr, the state – @Vallourec through @Bpifrance: Please provide immediate comments. "

Bruno Le Maire replied: "I'm concerned about this job! @Vallourec has denied this information, so there is no reason to distribute it, we fight for our industry in all regions and fight together! " in his Twitter account. AFP CFDT Delegate Jorge Da Costa, "when asked about the article, was" very surprised " problems France is "really worried" about it. He drew attention to Vallourec's abandonment, which means "confident" and "confident." Da Costa also said he was guaranteed that he was absent "There is no preparation in France". According to him, representatives of the trade union "very regular direction ".

S & P rating agency dropped on Monday Monday, on Monday, November 26, according to Vallourec, speculative categories, from B to B, the expected minimum operating profit (Ebitda). Rating agency «The main weakness of Vallourec comes from its high costs, especially in Europe.Reduces profitability compared to its competitors. As Wallowac announced on Tuesday, November 27, his liquidity situation was "loud".

The Group is scheduled for 2019, "Further growth of business in oil and gas companies" and the purpose "Significant savings of new costs". The Vallourec share on the Paris stock exchange ended on Wednesday (November 28th), with a market-wide decline from 2894 to 2,224 euros. The Group announced a net decrease in net loss in the middle of November to € 92 million against 119 million a year. The net loss for the first nine months amounted to 399 million euros, which amounted to 373 million tenge last year.

AFP / VNA / CVN

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