EDF European Works Council issues negative opinion on the sale of UK networks to Cheung Kong

(13 September 2010) The European Works Council met 3 September 2010. It discussed the sale of EDF’s distribution networks in the UK to Hong Kong based Cheung Kong Infrastructures, a conglomerate of businesses across the world.

The UK workers and their unions and the EDF EWC are concerned about the implications for the work force because of the take-over. Guarantees for information and consultation rights are not firm and workers risk losing rights and protection if Cheung Kong opts out of existing European level agreements on CSR for example.

The EWC issued a negative opinion and does not believe guarantees for job security are sufficient.


For the opinion: