Reuters logo
BRIEF-Paragon ID (Ask) reorganises its manufacturing operations‍​
September 7, 2017 / 4:23 PM / 3 months ago

BRIEF-Paragon ID (Ask) reorganises its manufacturing operations‍​

Sept 7 (Reuters) - ASK SA:

* PARAGON ID (ASK) REORGANISES ITS MANUFACTURING OPERATIONS AND STRENGTHENS ITS R AND D UNIT‍​

* CONSOLIDATION OF MANUFACTURING FACILITIES IN FRANCE

* STRATEGIC REFOCUS OF THE SOPHIA ANTIPOLIS SITE ON RESEARCH AND DEVELOPMENT

* IN FRANCE, THE OPERATIONS TEAMS – WHO WERE DISPERSED AMONG SEVERAL SITES - WILL BE REGROUPED AT ARGENT SUR SAULDRE

* IN JUNE 2017, PARAGON ID1 (ASK) INITIATED ONGOING DISCUSSIONS WITH STAFF REPRESENTATIVES FOR THE IMPLEMENTATION OF A SOCIAL PLAN

* PLAN PROPOSES CLOSURE OF THE MOUANS-SARTOUX SITE, THIS CLOSURE WILL LEAD TO THE LOSS OF 29 MANUFACTURING POSITIONS.

* PLAN DOES NOT FORECAST ANY REDUNDANCIES: ALL THE EMPLOYEES CONCERNED ARE OFFERED ALTERNATIVE POSITIONS

* PHASED CESSATION OF THE PRODUCTION AT THE MOUANS-SARTOUX SITE WOULD BE FINALISED DURING THE FIRST QUARTER OF 2018

* REORGANISATION PLAN AIMS TO IMPROVE THE INDUSTRIAL COMPETITIVENESS OF THE GROUP AS A WHOLE BY AROUND €3 MILLION OVER THE FULL YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom:)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below