BFW 07/04 13:29 *SAINT-GOBAIN CEO SAYS FRENCH CONSTRUCTION NOT PICKING UP
BN 07/04 13:29 *SAINT-GOBAIN CEO SPEAKS AT CONFERENCE IN AIX EN PROVENCE
BN 07/04 13:29 *SAINT-GOBAIN CEO SPEAKS AT CONFERENCE IN AIX EN PROVENCE
Saint-Gobain CEO Says French Construction Isn’t Picking Up
2015-07-04 13:35:59.816 GMT
By Francois de Beaupuy
(Bloomberg) -- Saint-Gobain CEO Pierre-Andre de Chalendar
says that small French companies are afraid to hire. He also
said at Cercle des Economistes conference in Aix en Provence
that:
* backlog of small builders tends to grow in recent weeks
* small companies prefer delaying works than hiring staff
* France must tackle labor market rigidities that are
hampering hiring and productivity gains
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To contact the editor responsible for this story:
Francois de Beaupuy at +33-1-5365-5051 or
fdebeaupuy@bloomberg.net
2015-07-04 13:35:59.816 GMT
By Francois de Beaupuy
(Bloomberg) -- Saint-Gobain CEO Pierre-Andre de Chalendar
says that small French companies are afraid to hire. He also
said at Cercle des Economistes conference in Aix en Provence
that:
* backlog of small builders tends to grow in recent weeks
* small companies prefer delaying works than hiring staff
* France must tackle labor market rigidities that are
hampering hiring and productivity gains
Link to Company News:{SGO FP <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Francois de Beaupuy at +33-1-5365-5051 or
fdebeaupuy@bloomberg.net