the takeover of the Fos web site by Marcegaglia validated by the courts | EUROtoday

Relief for the 330 staff of the Ascometal manufacturing facility in Fos-sur-mer (Bouches-du-Rhône): the takeover supply from the Italian Marcegaglia, which plans to maintain all the web site's staff, has been validated Friday May 31 by the Strasbourg courtroom, whereas the way forward for the opposite websites will likely be studied by the courtroom on the finish of June.

“The sale plan was decided in favor of the offer presented by Marcegaglia”communicated the registry of the business chamber to Agence France-Presse (AFP). “Employees are now relieved (…)it’s a real industrial project that is in place”reacted to AFP Ugur Yagiz, CFE-CGC central union delegate, evoking “joy, happiness and relief, appeasement” staff of the Fos manufacturing facility, with Marcegaglia planning to keep up their jobs.

As quickly as the choice was identified, the union representatives current in Strasbourg referred to as the positioning's staff to announce it to them. “We are going to share the keys with [Marcegaglia] For (…) have the most sustainable future possible”, enthused Mr. Yagiz. François Barges, CGT delegate, hopes that this mission will occur “in the long term and it will be a good thing for the employees” And ” for the future “ from the Fos web site.

Three authorized changes in ten years

Put up on the market by Swiss Steel, the metal group of 1,200 staff Ascometal was positioned in receivership in March, for the third time in ten years. Marcegaglia has “the firm intention of investing 800 million euros over several years to transform the factory” from Fos, “ideally located”a supply near the Italian group instructed AFP.

“Even in the steel industry, having such an investment in France, it’s been a long time since we’ve seen it”, commented Ugur Yagiz. Partial takeover gives had involved all the group's 5 websites, in a piecemeal method. Thus, along with Marcegaglia, the British funding fund Greybull, the French Europlasma and the Indian Hind Rectifiers had positioned themselves for the takeover of the positioning.

Ascometal additionally has three machining and ending websites, in Custines (Meurthe-et-Moselle), Saint-Etienne (within the Marais district) and Leffrinckoucke (North). A analysis heart for particular steels (Creas), with twenty-five jobs, can also be positioned in Hagondange (Moselle). For these websites, the business chamber referred to a brand new listening to set for June 28. Takeover gives have to be submitted no later than June 12. “Let’s hope the future will be as bright for them”wished Mr. Barges.

Among the potential patrons, the supply from Acciaierie Venete, Italian metal chief, involved the three websites of Hagondange, Le Marais-Saint-Etienne and Custines (“Marcus”), which work collectively on particular steels small diameters supposed for the automotive business, in addition to on Creas.

Concern rose on Saturday for these websites with some 700 staff when the Italian group introduced that “the conditions provided for in its offer were not satisfied”. Venete is asking the present shareholder to finance the asbestos removing and dirt removing of the Hagondange web site, estimated at 11 million euros by the unions.

“Relieved”

Hagondange staff have been blocking the manufacturing facility since Monday and should resolve on Friday on the follow-up to the motion, Venete having prolonged its takeover supply on Thursday till the listening to on the finish of June.

“We are quite relieved that Venete has agreed to extend its offer”there “best”, reacted Alain Hilbold, central CFDT delegate. According to him, Europlasma has additionally submitted a letter of intent for Hagondange (434 staff), Custines and Marais (104 staff on the 2 websites) in addition to for Leffrinckoucke (170).

“Maintaining supply” from Venete is “excellent news”reacted Thursday night in a press launch the elected officers of the neighborhood of communes of Hagondange, prepared to supply 15 million euros in capital to help the Italian's supply.

In two letters addressed to the manager, elected officers and CGT had demanded that the State present “capital participation” to make sure this load and keep away from “the liquidation of this steel flagship”.

“We will put all our strength into battle (…) and will assist in any way possible with the offers that will be on the table”assured Thursday the Minister of Industry, Roland Lescure, who will meet representatives of the Ascometal unions on Friday in Bercy.