Vladimír Urbánek (Kurzy.cz)
World markets  |  November 28, 2012 13:47:17

France could zastátnit ArcelorMittal steel plant - one of the versions of plans to rescue jobs


French President Francois Hollande introduced steelworks ArcelorMittal plans to save jobs in the steel mills of French racing world leader. One option is also nationalization of French operations. According to Holland, France is keen to further their functioning. The question of a possible nationalization will be one of the options discussed. World number one steel plant previously given an ultimatum that he has to first find December buyers for Florage factory in the northeast of France. French Industry Minister Arnaud Montebourg already created a stir around the steelworks, when he declared that France no longer wants "to have Mittal in the country." His remarks shocked the family, according to press Indian businessman Lakshmi Mittal, who in 2006 received a hostile takeover by domestic steel company Arcelor SA.

Words such as nationalization in France sounded last 80ých at the beginning of the last century. To address disagreements between Mittal and France responded United Kingdom, which poznamanala that if France over Mittal breaking stick, so that he may come to them. Mittal is the property around 17.1 mld.USD 41st the richest man in the world.

The dispute arose because Mittal announced that it plans to stop operation of blast furnaces in a French factory due to a general decline in the sector, which responds to the general decline in global demand due to the economic slowdown. Other operations would remain in the running. ArcelorMittal in France, employing 20,000 people.

The French factory was closed since 2002 and the withdrawal of its operation it later rescued just Mittal.

Montebourg later, under the pressure of circumstances meant with his statements that were not related to the action of a group of Indian entrepreneurs in France, but only and only traffic Florege.
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Francie by mohla zastátnit ocelárny ArcelorMittal - jedna z verzí plánů na záchranu pracovních míst

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