Naval Group Names Dupont Director, International Trade
and sales follow-up through to the signature of the contracts and their amendments for export trade in the Group's vessels, services, underwater weapons, systems and naval equipment. François Dupont will define, execute and lead all sales activities with export clients and partners and French government entities involved
France Approves of Siemens/Alstom Tie-up if Jobs Spared
France has nothing against a potential tie-up between German engineering group Siemens and Alstom if the deal does not bring job cuts, the French government's spokesman said on Friday. Earlier on Friday, Le Monde newspaper reported Siemens was in advanced talks to combine its rail activities with Alstom in a deal that could be announced on Sept. 26. "It is important that we can strengthen our industrial sectors ... in partnership with Germany," government spokesman Christophe Castaner told journalists in response to a question about the tie-up. "There is no concern on the
Seacurus: Yachting Sector Seafarers Need Attention
may be a non-ratifying state. According to PYA, YCAs operating in France need only to guarantee the verification process of the appropriate certification for any position offered on board. They do not need to include any provision for unpaid salaries. Thomas Brown says, “The French government has established a process of compulsory registration for all yachting SPRSs conducting their business from a French territory. We can only assume that the registration process takes a robust view of the financial wherewithal of the applicant agency, and that the government inspector responsible
Calais DFDS Ferries to Restart Tuesday; Talks to Reconvene
Calais-Dover ferry service, suspended by a workers' blockade of Calais port during the weekend, will resume on Tuesday morning, Transport Minister Alain Vidalies said after talks with the parties involved. Ferry workers, industry executives, the Channel Tunnel operator Eurotunnel and the French government are due to reconvene later this week for further talks to settle the labour dispute after breaking up without agreement on Monday, Vidalies said in a statement. "Discussions took place in a constructive atmosphere and have been suspended so that all the parties can consider the
France Expects Better GE Offer For Alstom
its offer." Siemens, which has declined to comment on any discussions with Mitsubishi, has said it plans to disclose a bid for Alstom by Monday. Its supervisory board will meet on Sunday evening, according to a source close to the German group. GE, meanwhile, has made a pledge to the French government to create 1,000 new jobs in France within three years of a deal, according to sources close to the discussions. DEFENDING JOBS Sapin said he did not have "any preference" for a bidder, but France would defend jobs and investment through a new decree extending
GE CEO Immelt: Expects to Close Alstom Deal
General Electric Co Chief Executive Jeff Immelt said on Wednesday that GE is still going to "work constructively" with the French government on its bid for the power business of Alstom and that he expects the deal to close. GE has encountered resistance to its $16.9 billion proposal from the government, which has sought to encourage Germany's Siemens as a potential rival bidder. But Immelt told an investor conference on Wednesday that, "We wouldn't have started if we didn't think we could finish." "It's a deal that's executable. It's a deal we're experienced in. It's a
