Thursday , February 25 2021

Vallourec will prepare a social plan, visiting Montbard

The Vallourec Group, shaken in markets (its price has fallen by 60% since the beginning of the year), is specialized in the production of steel tubes, will prepare a broad social plan, according to the Challenges newspaper.

In total, 1800 sites (of 19,000 people in the group) will be endangered, including 1,200 in France, at the locations of Montbard, Aulnoye (North) and Saint-Saulve (North). In Germany, 600 people could be included in the Düsseldorf location. This plan should be implemented in 2019.

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