(Boursier.com) – The future of Areva was the focus of government attention Wednesday as part of a meeting at the Elysee Palace for the floor on the future of the nuclear group. Francois Hollande and Manuel Valls, were present, and the head of diplomacy, Laurent Fabius, Minister of Ecology, Ségolène Royal, and the Minister of Economy, Emmanuel Macron … After the Council ministers, the spokesman of the government, Stéphane Le Foll confirmed that detailed proposals will be made by July … “The government wants a simple thing is to guarantee the survival of businesses in the nuclear sector “he has argued.
What options?
Following the announcement of a loss of almost 5 billion euros in 2014, Emmanuel Macron considered inevitable restructure the French nuclear industry, which should go through the sale of nuclear reactors branch of the group, Areva NP, EDF, while the amount raised in this transaction was 2 MdsE. EDF and Areva could also create a joint venture for single engineering activities … The group and its governing bodies therefore work with EDF “in a spirit of full cooperation on the roadmap”, including the terms of the comprehensive strategic partnership agreement and the terms of the majority ownership of EDF’s capital of Areva NP.
Remember qu’Engie had also expressed its interest in cooperating with Areva. The CEO of the gas, Gérard Mestrallet raised the possibility of setting foot “an international group in the field of nuclear maintenance services.”
Employees worried
This restructuring will have consequences on the social level, although Emmanuel Macron recently promised there would be no redundancies. Tuesday, workers were on strike. They are concerned in particular EDF projects. Force Ouvrière think the electrician seeks to recover profitable activities of Areva, while “the debts and other liabilities of more than 8 billion euros would remain dependent Areva, or more precisely of its employees.” The CGT also believes that the Areva NP EDF will in the short term to bring the “cash” to the group without answering provided to “financial need” …
It advocates recapitalization by the state to the tune of 2.5 billion euros “minimum” and a debt rescheduling. A track that is not rejected by Emmanuel Macron. “The state will assume its responsibilities, including to the recapitalization, if necessary,” he told the National Assembly on May 13.
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