OGBLTrade union demands further details from government on sale of Paul Wurth shares

RTL Today
The Independent Luxembourg Trade Union Confederation (OGBL) demands further explanations from the government regarding the sale of that state's shares in the Luxembourg-based Paul Wurth S.A. to the German SMS group.

In a press release, the trade union states that while it welcomed the group's announcement to invest in green steel in the Grand Duchy, it is always a cause of concern for the OGBL when a public institution sells shares to a private company. The trade union is particularly worried about the potential impact on jobs.

The OGBL wants to know which guarantees SMS gave the Luxembourgish state and demands a meeting with the Ministers of Finance and of the Economy.

The trade union also notes that an earlier request for a meeting on this subject has remained unanswered by the responsible ministers.

PDF: Statement by the OGBL [FR]

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