Arbed European Consultative Committee

Body replaced by: Arcelor European Works Council
Parent company: Arbed
Creation: 1996 - installation from scratch
End: 2002 - merger
Note:
see Arcelor The Arcelor group was created in 2002 as a result of the merger between Luxembourg's Arbed group and the French Usinor group. In 1997, Arbed had already formed a strategic alliance with the Spanish company Aceralia. The merger of these three companies created the world's largest steel corporation, with an annual crude steel output of 43 million tonnes, with the lion's share of its turnover coming from production of flat rolled steel. The group has 100,000 employees worldwide, with more or less a third of this total in France and just under 10,000 employees in Germany at the Bremen steelworks (formerly Klöckner) and EKO-Stahl in Eisenhüttenstadt. This Luxembourg-based steel giant feels a duty to continue the long tradition of co-operation between the social partners established by the three pre-merger companies, and is actively participating in European social dialogue. The group is currently attempting to achieve the synergies promised by the merger, and is using management consultants such as McKinsey to help it to eliminate excess capacity. What this means for individual sites is cost reduction programmes and tougher competition for investment. Source: http://www.arcelor.com/ The Spanish authorities gave the green light to an industrial partnership between Arbed and the Spanish group CSI (Corporación Siderúrgica Integral) in August 1997, and talks took place the following month between delegations from the Spanish Comisiones Obreras – Federación Minerometalúrgica (CCOO - Workers’ Commissions-Mining Engineering Federation) and the OGB-L. This partnership has produced one of the world’s leading iron and steel manufacturers, and the largest in Europe. Trade unionists have focused on the repercussions of Arbed acquiring an interest in CSI. Spanish trade unionists take the view that their most important task is to find about Arbed’s industrial plan and the effects of the new association on the factories and industrial plant affected; the OGB-L’s main concern has been to safeguard the interests of Luxembourg workers. In principle, the OGB-L is in favour of this new acquisition, but it continues to keep a watchful eye on Arbed’s expansion policy. The OGB-L also argues that the formation of the new company must not lead to a deterioration in the group’s debt policy or halt investment in Luxembourg. Light is likely to be shed on these matters at an information meeting with Arbed management in September.
Body linked to activity sector(s): Metal Steel
Subsequent agreements:
23/05/1996 - installation agreement - Arbed European Consultative Committee
Related information:
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