NLMK’s Belgium plant goes on strike over 50% personnel cut - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

NLMK’s Belgium plant goes on strike over 50% personnel cut

BRUSSELS, Jan 18 (PRIME) -- Workers of NLMK Clabecq, a Belgium plant of Russian steelmaker Novolipetsk Steel (NLMK), have gone on strike in response to plans to lay off half of personnel under a restructuring program, a labor union representative told PRIME late on Thursday.

“We announced a strike as a response to that, and it will be in force until 2.00 p.m. local time on Monday,” the representative said.

The plant employs 590 workers, of which up to 300 may be laid off.

Previously, local news daily Echo reported that the Russian managers of NLMK Clabecq said that the plant is uncompetitive given the existing structure of production. Television channel RTBF reported earlier that the plant loses 4 million euros each month.

An NLMK representative told PRIME on Thursday that the management offered a plan to focus on products with high added value, like quenched and tempered steel lists, and reduce production of commercial-quality rolled steel with thickness of more than 9 millimeters.

In Belgium, NLMK owns NLMK Clabecq with a capacity of 550,000 tonnes of rolled metal per year, and there is also a plant in La Louviere with a capacity of 1.7 million tonnes of hot-rolled metal and 600,000 tonnes of cold-rolled metal.

End

18.01.2019 08:40
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.3062 -0.1668 08 may
USD 91.1231 -0.1893 08 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3427.61 -0.25 18:51 07 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.64 0.00 23:50 07 may
lkoh 7726.50 -3.74 19:04 07 may
rosn 580.05 +0.17 19:04 07 may
sber 308.39 +0.78 19:04 07 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.2825 +0.1800 14:59 07 may
USDTD 91.2725 +0.0775 17:44 07 may