Schneider Electric: talks to become European Company (SE) launched

Last December, the management of the electric components manufacturing announced that it wanted to become a European company (SE) by May.  The special negotiating committee set up to negotiate the modalities for involving workers in the future SE met on February 27 for the first time.  It appointed a select technical committee for the talks.  The same day, the works council’s office met and rendered an opinion asking Schneider to negotiate social guarantees within the framework of the sale of Invensys’ Appliance unit.