Semperit AG Holding / Agreement on social plan for French Production site in Argenteuil signed

Press Wire ♦ Published: October 13, 2017; 13:33 ♦ (Vindobona)

Semperit AG Holding announces that the management of the French subsidiary Sempertrans France Belting Technology ("SFBT") has signed an agreement on 13th October 2017 with the representative bodies of the affected French employees regarding the social measures linked to the closing project of the plant in Argenteuil.

Semperit AG Holding / Agreement on social plan for French Production site in Argenteuil signed / Picture: © Vindobona.org

The agreement will be submitted to the French labor
authorities for approval, which is expected within the next 2 weeks.

With the mandatory special consultation and negotiation procedure being almost
completed, the project is now going to enter the implementation phase. This will
allow SFBT to start deploying all the accompanying measures for the employees as

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