Saturday, February 7, 2015

Feverishly but hopeful consultation V & D – AD.nl

Feverishly but hopeful consultation V & D – AD.nl

By: editors
7-2-15 – 21:53 Source: Reuters


Owner would like to invest 20 million euros

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Update On the third floor of the headquarters V & amp; D in Amsterdam served tonight still busy consultation on a rescue plan for the troubled department store group. Banks, owner Sun Capital, the Management Board of V & amp; D and the landlords of retail there finalizing financial arrangements to avoid bankruptcy.



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According to insiders, the talks are likely to take several hours . One of the parties called the plan ,, good and hopeful. ”

Sun Capital is reportedly willing to make an investment of approximately 60 million, about 20 million more than the owner of V & amp; D savage stabbing initially in the rescue plan.

discounts on rent and a salary of the staff are part of the rescue plan.

An agreement between all parties involved is necessary to avert a collapse of the department store group. V & D suffered last year in 2013, a net loss of 42 million euros on sales of 619 million euros

Staff
The unions are not invited to the talks.. Nevertheless requests V & D staff a salary that can amount according to the unions to 10 percent for the lowest incomes. To this end, the 5,000 employees as director Niels Suijker FNV Trade unwilling. ,, Just the staff on the shop floor provides the most in, ” said Suijker.

According to the trade unionist delivers the middle and senior managers, according to the proposal in about 5.8 percent of the salary. The waiting staff in the 63 stores however falls under Suijker with a discount of approximately 10 percent for salaries to around the minimum wage

A conversation about between the unions and V &. D ran Thursday to nothing. The unions therefore have a lawsuit against V & amp; D harness that should the court in Amsterdam on 16 February.

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