Friday, July 30, 2010

Verdi calls for state aid for Arcandor

Verdi calls for state aid for Arcandor

The services union Verdi calls for state aid for the ailing retail and tourism group Arcandor. latitude e6400 battery The company wants to separate the meantime by his Karstadt stores. It should already be a potential.

"All the ways to stabilize Arcandor should be used," said the vice-chairman Verdi Margret Moenig-Raane the General in Essen West German newspaper published today. "These include guarantees or loans easier."

Concerns about a potential burden on taxpayers rejected it. "The fact that a state guarantee, tax money would be used, nothing special for Arcandor," said Moenig-Raane. Concessions from the employees they refused. "Another savings contribution of employees is no longer there," she said. The Verdi deputy chief who is a member of the Supervisory Board, Arcandor has pointed to the ongoing redevelopment agreement, waived by the employee within three years to 350 million euros. dell latitude e6500 battery

Meanwhile it was announced that the retail group Metro has interest in the Karstadt department stores. However, Metro is only interested in a takeover, even if the premium department stores are included KaDeWe in Berlin, Hamburg and Alsterhaus Oberpollinger in Munich in the package, the Bild newspaper reported on Tuesday. Metro spokesman Ruediger Stahlschmidt said the group give "no opinion on market rumors from."

Karstadt and Kaufhof, Metro-daughter are the last remaining large department store chains in Germany. However, the department stores in the past decades have steadily lost market share to rivals such as the textile chain stores like H & M and Saturn. It has long been speculation about why a merger of the two remaining companies. The economist, Joachim Zentes of Saarbrücken University holds a combination of the company for almost inevitable. "Everything indicates that, on the German market in the long run is only" for a department store chain space, "he says. latitude d505 battery

However, there are big hurdles for a merger. Actually is the department store chain Kaufhof at Metro rather the way out. The retail giant had the store's daughter has already put on the sales list because he wants to focus on international expansion opportunities in the wholesale chain Metro Cash & Carry, in the electronics market chains Media Markt and Saturn as well as the hypermarket chain Real.

In Union and the FDP, meanwhile, concerns were taking too loudly against the reflections of the parent group Arcandor's Karstadt, in the fight for survival also helps the public to complete. The Chairman of the Parliament circle middle class in the Bundestag, Michael Fuchs (CDU), said the Morning Post Online that he saw "no justification for it to step in in this case, with government help - especially in the case Arcandor obviously not the financial crisis is the cause" for the problems. Even the FDP economist Rainer Brüderle warned from the KaDeWe department store could not be state-owned enterprise. "It can not be, that comes in medium-sized and large groups of vultures of the eagle." lenovo thinkpad x60s battery

Arcandor CEO Karl-Gerhard Eick wants to save the ailing company with a Schrumpfkur: For sale are the luxury-goods houses of the Group. Eight normal department stores, shops and 115 in 1500 Source Technology Center of the mail order for use. Affected by the planned restructuring, approximately 12,500 of the 86,000 company employees.