Ascoval: the Strasbourg court will decide on May 2, British Steel holds the rope

The High Court of Strasbourg on Wednesday deliberated on May 2 its decision on the takeover of the steel mill Ascoval of Saint-Saulve, in the North, British Steel holding the rope. & Nbsp;


The High Court of Strasbourg on Wednesday deliberated on May 2 its decision on the resumption of the steel mill Ascoval of Saint-Saulve, in the North, British Steel holding the rope.

The commercial chamber of the High Court of Strasbourg on Wednesday deliberated on May 2 its decision on the resumption of the steel mill Ascoval of Saint-Saulve, in the North, British Steel holding the rope, said the spokesman of Interunion Bruno Kopzinski at the end of the hearing. "There is a deliberate May 2" with a single "industrial record" still really "in the running" for the resumption, that of British Steel, Calvi Networks having "withdrawn its offer," he said before the press. British Steel is "the only serious project", confirmed with Me Guilhem Brémond, Ascoval's lawyer.

A "trying" situation for employees. The court was scheduled to examine on Wednesday four offers filed by the British steelmaker British Steel, the Italian manufacturer of special steels Calvi Networks, SecuFund Industry Fund and regional industrial Pascal Cochez. Judging the "hard" situation for employees, Bruno Kopzinski, also CFDT delegate of the steel plant, said that the former boss of Ascometal Franck Supllisson, who carries the SecuFund Industry project, "considers itself a plan B" . As for Pascal Cochez's file, he continued, he is "more than light".

The magistrates of Strasbourg had granted a new deadline March 27, one month after the surprise withdrawal of the Franco-Belgian group Altifort, a cold shower for employees, now 270 after a dozen resignations and retirements. Created in 1975 by Vallourec and became Ascoval in 2017, this steelworks manufacturing special steel tubes awaits a buyer since the judicial liquidation in February 2018 of the Asco Industries group, to which the steelmaker Vallourec had sold 60% of the plant, while maintaining 40% of order commitments.

ref: europe1