ARCELORMITTAL SA LUXEMBOURG
SymbolMT

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EMF and ArcelorMittal Sign an Agreement in Europe to Strengthen Social Dialogue and Anticipate Change

2009-11-03 12:35 ET - News Release


Company Website: http://www.arcelormittal.com
LUXEMBOURG -- (Business Wire)

Regulatory News:

The European Metalworkers’ Federation (EMF) and ArcelorMittal’s European management signed an important agreement on the 2nd of November, with provisions for the restart of equipment as well as negotiated changes and opportunities to enhance employability for the Company’s 115,000 workers in Europe during this challenging period of reduced activity that has led to the idling of some blast furnaces and industrial sites.

Furthermore this agreement aims at implementing transformations in the steel industry in Europe that will ensure competitiveness and long-term sustainability. Among other initiatives, it promotes a long-term skill development and training policy within the group, improved social dialogue at national level and the setting up of such dialogue where it does not yet exist.

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