Economy. Le Creusot: Industeel officially on sale

Economy. Le Creusot: Industeel officially on sale
Economy. Le Creusot: Industeel officially on sale

The rumor of a sale of Industeel, a 100% subsidiary of ArcelorMittal, had been running for two days following the indiscretion of a Belgian trade unionist. “This rumor was well founded. This Friday morning in the central social and economic committee of Industeel France, and in the central committee of Industeel Belgium, this was confirmed to us”, explains Mathieu Charbonnier, CFDT Industeel Creusot union delegate and Industeel France union representative .

“ArcelorMittal is effectively looking for financial partners or new shareholders. This means that the whole of the company, in Belgium as in France, is for sale”, detailed the representative of the personnel of Crucotin before moderating: “You should know that ‘a sale is not necessarily synonymous with bad news, that it does not necessarily constitute a disaster although indeed, the financial situation of Industeel France is deteriorated “.

What motivates ArcelorMittal to sell its subsidiary? “A change of strategy”, replies the trade unionist. Which ? “I cannot say more at the moment. An official communication should be made quickly by the management, Monday at the latest.”

When does ArcelorMittal wish to separate from its subsidiary? “I can’t say that either. We are concerned that giving too much information will scare our customers away. What you need to know is that if Industeel goes up for sale, there are no known buyers. for now. And maybe this sale will not even succeed, “advances Mathieu Charbonnier before admitting that the unions had committed themselves to management not to communicate on their own initiative, no more internally than externally.

Industeel France (1,100 employees), headquartered in Saint-Denis (Seine-Saint-Denis), is made up of the workshops of Creusot (800 employees), Chateauneuf and Saint-Chamond (Loire). Industeel Belgium has 1000 employees in Charleroi.

Source link by

*The article has been translated based on the content of Source link by
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

These were the details of the news Economy. Le Creusot: Industeel officially on sale for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at en24 news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Biden urges quick Senate action on huge stimulus package
NEXT UK’s Sunak will set out plans to raise income tax by $8.36bn: report