Alstom promises that General Electric in Holland
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EXCLUSIVE DOCUMENT + U.S. conglomerate offers the French government to establish four centers of global decision GE France. It commits itself "to grow our number of jobs in France," including those "highly qualified."
Take Alstom and convince the French government in the interest of its offer, the CEO of General Electric is engaged in a real seduction operation. Two days after his appointment with François Hollande, Jeffrey Immelt sent to the Head of State a four-page letter in which he said, point by point, its commitments.
According to this letter, including "Les Echos" obtained a copy, the CEO of General Electric commits first "to do highly skilled jobs our number of jobs grow in France, particularly in the engineering and production located in the region. " If General Electric, which has already "10,000 people on French soil" does not commit to a specific number, the group knows that this is the number one criterion of the Head of State. "Compared to record, I have only this single criterion: what will be the most favorable to business creation in France and employment in France? "Had said Monday, François Hollande.
Second point that GE intends to reassure the French executive, decision-making centers, a concern that Jeffrey Immelt judge "legitimate". The U.S. group promises to settle in France "global headquarters of Grid activities (networks), Hydro, steam turbines and offshore wind." Given the importance of hydropower in France, the group says it is "ready to welcome French capital investors in this activity." A guarantee given to the government, while the competition hydroelectric concessions been a difficult debate between EDF, foreign competitors and parliamentarians.
General Electric is not present at all in turbines for hydroelectric power, or in offshore wind, where the group also undertakes "to honor the commitments and industry in terms of jobs already taken by Alstom Cherbourg and Saint-Nazaire. " Commitments made by the French supplier after winning with EDF, three of the first four fields of offshore wind and then the government must allocate two new fields in the coming days.
GE said there also willing to consider "any acquisition proposal from French investors for onshore and offshore wind Alstom activities." Very capital-intensive, the sector of offshore wind is undergoing a consolidation phase. The French rival Alstom in offshore wind, Areva, has just signed a joint venture with Spanish Gamesa.
The Belfort site, where GE has a plant steam turbines and has its European headquarters would become "the European headquarters of the thermal activity of GE." Alstom's global headquarters of this activity is now located in Switzerland, where Alstom was acquired assets ABB.
A proposed joint venture in the transport
While Siemens Tuesday proposed to the Board of Directors of Alstom to make an offer under conditions which incorporate a component in transportation, GE also provides, at the request of the government to consolidate this division, the group does not intend acquire. GE and shows have made the study "Alstom with the possibility of creating a joint venture with global signaling activity of GE. " Activity perceived potential.
On the strategic nuclear sector, where Alstom is a privileged partner of EDF and Areva in France and export, GE stated that it had "heard your willingness to consider the sovereign character of the nuclear industry." The executive had indicated a desire to control "energy independence from France." Recalling already be a "reliable supplier" for the sector, "we are committed to working with the state, Areva and EDF to protect and preserve the sector's exports," promises Jeffrey Immelt.
On the form, General Electric had the desire to show that he is not happy and reminds predator Alstom picked it up. In terms of governance, GE propose to its Board of Directors, in case of success of its "host within it a French business executive leading."