Categories: Business

A link in the war effort in favor of Ukraine halts its ammunition production

Forges de Tarbes is on the front line of supplying ammunition to Ukraine. But the production has been stopped for several weeks. The company’s management aims to provide reassurance and create temporary difficulties. Unions decry the structural problem: lack of credit and investment.

Forges de Tarbes has a strategic location in the war effort against Ukraine. The factory and its 60 employees make shell bodies for supplier KNDS Nexter.

The latter is at the end of the chain for the European Union and France to fulfill their promise to deliver munitions to Kiev. But, for several weeks, its partner based in Tarbes stopped its production.

The management of Forges de Tarbes recognizes the problem, but refers to the temporary situation.

In 2021, Europlasma took over Forges de Tarbes. From its head office in Passeig in the Gironde, management states: ” Tarbs have no production issues“. On the other hand, he recognizes that “However the latter had to be temporarily closed to avoid any collection problems and to manage cash flow as best as possible.

This statement shows that the company is really experiencing, as the unions raise, a credit problem.

Since January 1, 2024, approximately 10,000 parts have been delivered. There is also a large stock in Tarbes.

Uroplasma gives a date or rather a time frame for returning to normal. The company emphasizes, in fact, “Supply of raw material will resume in 15 days

This means that production may resume before the end of March.

waiting for, “This downtime is mainly used to carry out maintenance operations and install new machines

Europlasma Forges de Turbes also emphasizes the investment costs made in response to the unions’ concerns and the state funding received.

Uropaplasma specifies that “ The state has committed 7.1 million euros of the 12 million euros included in the investment program. The company has already received 1.5 million euros and the rest will be paid when 80% of the investment costs have been spent.

Declaration in the Form of Answer to Questions of Forge Unions.

Josiane Frétier, representative of the CGT, told our colleagues at Usine Nouvelle: “Our inquiry is always the same. Where are the promised funds and investments? Apart from the 2 million euros in capital increase provided during the takeover of our company, the announced investments are still not there. Europlasma’s financial situation worries us

Source link

Admin

Share
Published by
Admin

Recent Posts

100 million degrees for 48 seconds: South Korea’s ‘artificial sun’ moves closer to nuclear revolution

This is a new record that scientists from the Korea Fusion Energy Institute (KFE) have…

8 months ago

The report offers solutions for insurers facing future growth in natural disasters

Damages associated with drought, floods, hail and other increasingly violent events are expected to increase…

8 months ago

You still have time to claim this exciting investigation

An estimated 9 million people in the United States are still waiting for their final…

8 months ago

IDF recognizes “serious mistake” in killing seven members of NGO World Central Kitchen

The death of seven humanitarian workers from the American NGO World Central Kitchen in an…

8 months ago

Fortnite Shop Apr 3, 2024 – Fortnite

Today, at one o'clock in the morning, Gamer updates it Boutique de Fortnite Through the…

8 months ago

Sharon Stone tried to make a Barbie movie in the 1990s

The Basic Instinct and Casino actress looks back at a time in Hollywood when adapting…

8 months ago