Suez CEO commits to no forced redundancies in merger project

(7 April 2006) EWC meets in extra-ordinary meeting on merger-project Gas de France

The European Works Council of Suez, called Instance Europeenne de Dialogue, met in extra-ordinary session following a demand of the Bureau of the EWC, 7 April 2006, Paris. They met together with the Comite Groupe Francaise.

The representatives discussed the merger project in a pre-meeting with the (financial-economic) experts of Secafi. They presented the pros and contras and consequences for the workers in both Suez and Gas de France. It is clear that the announcement of ENEL (together with Veolia) to launch an hostile take-over bid plunging ENEL in indebtness and thus forcing it to sell off certain assets such as water, waste and energy services causes much concern. The EWC also noted the European context in the energy sector and the many contradictions of Europe's energy policy. The EWC met in the afternoon with representatives of management including Mr. Mestrallet, the CEO of the company. He introduced the project and answered questions.

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