EADS: 3 German plants will remain in his lap until 2011

Aronautique group EADS, parent company of Airbus announced Monday through a spokesman that he would retain its three German plants until the end of 2011. The agreement with the unions should be finalized in "coming days".

Vast and thorny topic while the supervisory board of Airbus Deutschland GmbH - much more direct and "concrete" - alongside announced that they had not taken decision on the conditions under which the group would separate employees of these three sites being assignment.

The three sites Varel, Nordenham and Augsburg remain in the bosom of EADS "until the end of 2011", but "we seek outside partners" to take a minority stake, announced a spokesman of Airbus.

Under an agreement with unions in Germany, the parent company of European aircraft manufacturer also undertakes not to make any redundancies until 2013, against 2012 so far.

In return, the 6000 employees of the three sites would give their agreement to increase their rate of production, such an operation to save 22.5 million per year from 2009.

As a reminder, the transfer of those sites in Germany was originally part of the comprehensive plan of economies of the manufacturer, called Power8. But such an offer had not raised vocation, EADS had finally chosen to consolidate these various institutions within a subsidiary called Aerotec, the ultimate goal remains to assign a third party.

However as the boss of Airbus, Thomas Enders, the supervisory board quekque would experience difficulties in finding a compromise. A board member, Horst Niehus however hope that a final agreement is reached Friday. Daily Finance and Investment Tips / Make Money by Learning