Tag #Restructuring

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lemonde.fr

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Nov 5, 13:18

Fret SNCF Restructuring and the Future of French Rail Freight

The restructuring of Fret SNCF, a French freight railway operator, due to European Commission rulings on state aid and its implications for the French rail freight market.

Fret SNCF Restructuring and the Future of French Rail Freight

The restructuring of Fret SNCF, a French freight railway operator, due to European Commission rulings on state aid and its implications for the French rail freight market.

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What is the planned future of Fret SNCF?

Fret SNCF, following years of dispute, will dissolve into two entities, Technis (maintenance) and Hexafret (freight), by January 1st, 2025. This decision followed a ruling by the European Commission after they determined that Fret SNCF received illegal state aid.

lexpress.fr

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Nov 5, 13:23

Michelin Factory Closures in France

Michelin to close French tire factories, resulting in significant job losses.

Michelin Factory Closures in France

Michelin to close French tire factories, resulting in significant job losses.

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What support will be provided to the affected employees?

Affected employees will receive support through job placement assistance, both within and outside Michelin, as well as early retirement options. The company also promises to create at least as many jobs as those lost in the affected regions.

Showing 157 to 158 of 158 results