The bankruptcy is the only solution for SNCM, reiterated on Saturday on France Inter CEO course-News | Consensus | Company
Council Premium Add to list of values Add to Portfolio Create an alert Veolia The brother Antoine, a few days after the complaint by the European Commission for the repayment of 220 million euros in aid.
“For SNCM, for those who want to save something, there is only one solution and that is to put the share of sustainable activities into a new company and stop unsustainable with fines that go over activities, “said Antoine Frérot.
” For that, we must have recourse to the commercial court and put into receivership. time we lose for many months endanger the rescue, “said he added.
The National Society Corse Méditerranée (SNCM), which handles the connection between Corsica and the mainland, is 66% owned by Transdev- joint venture equally owned by Veolia and Caisse des Depository at 25% state and 9% by employees.
The brother Antoine said the viable part of the shipping company resided “at least in the public delegation contract between Marseille and Corsica and Perhaps activities in the Maghreb. “
This intervention comes after the Court of Justice of the European Union confirmed Thursday that SNCM was to repay state aid received by the shipping company trouble when its privatization, dismissing the actions of France.
This decision covers about half of the 440 million of state aid that the EU claims to SNCM, the repayment of which definitely would put the company on the ground.
The boss of Veolia said that at least two serious buyers would be interested in taking over the company, without naming names.
Candidate Potential recovery of SNCM before giving up because of the uncertainty in which the company is located, the Norwegian group Siem might as well go back in the game.
A proposal was considered by the unions more credible than that of American society from Baja Ferry, who reiterated Thursday his interest SNCM should it be placed in receivership.
Sailors of SNCM, as opposed to the receivership favor the government and Veolia, went on strike for 17 days this summer.
(Jean-François Rosnoblet, edited by Marion Douet)
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