Suez and trade unions finalise agreement on social guarantees in case of merger

(28 March 2008) The trade unions and management finalised the agreement on social guarantees in the case of the merger with GdF. The role of the trade unions is recognised including in the follow up of the agreement. One of the innovations of the agreement concerns the social clause in case of commercial contracts. Such a social clause will be integrated in the significant contracts and this will be discussed and negotiated at the level of the companies to ensure adaptation to the specific companies. The implementation will be monitored. The agreement will shortly be signed.

Other issues discussed concerned a campaign of Suez regarding the security risks of the use of modern technologies and the way in which the shares will be distributed resulting from the profit-sharing agreement The meeting of the Steering Committee of the EWC and the trade union delegation met 25 March 2008, Paris.