Mar 18, 2013. /Lesprom Network/. Condat Management has called a meeting with employee representatives for next March 22 to discuss the restructuring plan for the company. This plan includes the closure of line 6, with a production capacity of 130,000 tons, and the extinction of the PROGIL pension scheme. The decision is the result of Condat’s poor economic performance, as the company said in a press release received by Lesprom Network. 

Condat Management will provide the required information to the employee representative organs and employees will be kept informed through the meetings that are held. Employee representatives will be asked to initiate consultation on a plan of voluntary redundancies.

The company will use all means possible, including the help of firms specialized in outplacement services, to find solutions adapted to each employee’s situation.