Representatives from the French Government, Conti’s French and German management and employee representatives signed their names on a document based upon the preliminary agreement concluded on June 6. The signing of this agreement is, says Continental, an “important step for all the employees as this document includes the main negotiated social measures of the jobs safeguard plan” as well as the details of their implementation.

“This agreement shows that Continental respects its social commitments towards the 1,120 employees concerned by the project of closure of Clairoix factory”, declared Dr. Thomas Winkelmann, who represents Continental’s German management.

“In the next weeks, several meetings with the employee representatives will be organised to continue the regular information and consultation process around the project within an alleviated framework.” Continental did not elaborate on the agreed upon social measures in the statement it released. (Tyres & Accessories/Staffordshire, U.K.)