Talk about salvation V & D went ‘constructive’ – Parool.nl

Talk about salvation V & D went 'constructive' – Parool.nl

07-02-15 21:30 – Source: Reuters

© anp

V & <- - end embedded context master>; D Talks on a rescue plan for department store group V & D is ended late Saturday night. According to shop owner IEF Capital consultations’ constructive expired

.

The daily closure of the branch of V & D on the Grote Markt in The Hague. © anp

It is precisely the staff on the shop floor provides most of it in.

Director Niels Suijker FNV Trade

Banks, owner Sun Capital, the Board of V & amp; D and the landlords of retail sat until Saturday late to the table to put the final touches on financing arrangements to avoid bankruptcy

IEF has in the consultations between the banks, Sun. Capital and V & amp; D ‘presented a proposal on the basis of which it expects to reach agreement with the owners of the V & D department stores in order to achieve the necessary cost savings. ” There would have responded positively to

“After IEF Capital V & amp; D received the confirmation that Sun Capital and the banks would come to mutual agreement.”, The landlord says. “The agreement that is now before us is further elaborated in the next 24 hours and tomorrow should by all parties approved to be.

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

Salary Sacrifice

<. p> discounts on rent and a salary of the staff are part of the rescue plan. The unions are not invited to the talks. Nevertheless requests V & D staff a salary increase of up to 10 percent, according to the unions for workers on the shop floor. To this end, the 5,000 employees as director Niels Suijker FNV Trade unwilling. “Precisely the staff on the shop floor provides the most in ‘says 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 the V & amp; D ran Thursday to nothing. The unions therefore have a lawsuit against V & amp; D harness that is on February 16 at the court in Amsterdam

(Edited by: Editorial).