The Limited Times

Now you can see non-English news...

Veolia-Suez: 5 CGT federations call for strike on November 3 against Veolia's takeover bid

2020-10-27T13:59:58.600Z

The CGT federations of energy, transport, construction, metals and public services call for a strike on Tuesday, November 3 against the takeover bid proposed by Veolia on its competitor Suez, according to a press conference on Tuesday. Read also: Could the takeover of Suez by Veolia have an effect on water prices? A rally is planned in front of the Engie tower of La Défense, " if the health situ



The CGT federations of energy, transport, construction, metals and public services call for a strike on Tuesday, November 3 against the takeover bid proposed by Veolia on its competitor Suez, according to a press conference on Tuesday.

Read also: Could the takeover of Suez by Veolia have an effect on water prices?

A rally is planned in front of the Engie tower of La Défense, "

if the health situation allows it

", specified the secretary general of the federation of mines and energy Sébastien Menesplier.

If a demonstration was not possible, the employees would be called upon to mobilize "

on each site

", because "

the health crisis cannot be a pretext to gag social mobilization

", underlined Frédéric Sanchez, secretary general of the federation. metallurgy.

The CGT hopes to mobilize widely at Engie, Suez and Veolia, but also at EDF, while the Hercules project to reorganize the electrician resurfaces, according to Mr. Menesplier.

On October 5, Engie's board of directors accepted Veolia's offer to buy back its shares (29.9%) in Suez, ignoring the opposition of the State, which owns 22% of Engie .

The secretary general of the CGT, Philippe Martinez, present Tuesday at the press conference, said he had "

trouble understanding the position of Bruno Le Maire

": while the Prime Minister had spoken in favor of the transfer of Suez, the Minister of the Economy regretted “

the haste

” and affirmed the need to “

keep two industrial champions

”.

According to the CGT, Engie's board of directors intends to split the company into two entities, “

New Engie

” and “

New Solutions

” around services (Cofely, Ineo and Axima), 2/3 of which are intended to be sold. , which would make Engie "

easy prey whose future could be the merger with another energy company, again causing large-scale job cuts

".

"

Management reported new disposals from 4 to 8 billion euros,

" said Menesplier, according to whom the group is preparing to sell shares in its gas companies (GRTGaz, Elengy, Storengy, GRDF. ..).

According to the CGT, “

Total, Bouygues, Spie etc.

take a stand

”to become buyers.

This new strategy of Engie is equivalent to a "

180 degree turn

", 15 years after the merger between Gaz de France and Suez, at the time intended to "

face energy challenges and become a globalized group

", notes the Federation CGT of energy.

Faced with this "

industrial sell-off

", the CGT defends the integrity of the Engie group and "

a public service contract around the energy transition

".

Source: lefigaro

All business articles on 2020-10-27

You may like

Trends 24h

Business 2020-11-27T22:05:16.446Z

Latest

© Communities 2019 - Privacy