Paris, May 25, 2007 - Within the framework of the project to reorganize its Belgian site in Huizingen, Nexans renews the social dialogue
Paris, May 25, 2007 – As a result of the local mismanagement of the reorganization project of Nexans' harnesses activity in Belgium, the Group has decided to renew immediately dialogue with the unions and has instructed the management of Nexans Benelux to ensure the correct management of this project.
An agreement was found this morning between William English, Country Manager Benelux, and the main unions, to ensure that the employees of Nexans Harnesses, on the Huizingen site, can continue working under normal conditions, and to engage as soon as possible a dialogue with the unions in accordance with the Belgian law within the framework of the reorganization plan.
An extraordinary Workers Council meetign will be held in early June.
With energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry and building markets. Nexans addresses a series of market segments from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear, automotive, electronics, aeronautics, handling and automation. With an industrial presence in more than 30 countries and commercial activities worldwide, Nexans employs 21,000 people and had sales in 2006 of 7.5 billion euros. Nexans is listed on the Paris stock exchange, compartment A of the Eurolist of Euronext. More information on www.nexans.com