Renault refuses to support recovery of automobile foundry Sam

The automobile group estimated, Tuesday that the project concerning its Aveyron subcontractor “does not present the conditions of sustainability and security necessary”.

Le Monde with AFP

The decision was expected for four days by employees. Renault announced, Tuesday, November 23, which he refused to support the project of recovery of his subcontractor Aveyronn Sam and his 350 employees by one of his ex-patterns, believing that he “does not present the conditions durability and safety needed “.

The automotive group, to which the Toulouse Commerce Court had given until Wednesday, November 24 to decide, “regrets this situation, measures the consequences of its decision and will continue the dialogue with SAM employees in order to propose them Alternative employment solutions within the Renault Group “.

Recovery in 2017 by the Chinese group Jinjiang, the Aveyronnel Society of Metallurgy, installed in Viviez on the heights of Decazeville, had been placed in receivership on December 10, 2019, then, on 16 September 2021, in liquidation judicial with extension from December 10th.

“Dry liquidation”

After submitting a first offer in July, the entrepreneur Patrick Bellity had sent a letter of intent on Thursday for the recovery of this foundry, a letter accompanied by letters of support from the State and the Occitania region.

But it also needed that Renault, last customer, is committed to “a charge plan defined” before Wednesday, by region, otherwise the court could declare on Friday a “dry liquidation” of the company, had warned the CGT.

Or, “Renault Group can not commit to the Alty-SIFA recovery project,” the company of Mr. Bellity. “An in-depth analysis of the file does not confirm the turnover assumptions presented in this offer. Once again, as noted in July 2021, this offer does not have the conditions for the durability and safety necessary for the company and its employees, “said the group in the diamond.

In addition, “there are strong doubts about financial strength, despite the external financial supports envisaged, and the actual investment and recovery capabilities of Jinjiang Sam by Alty-SIFA”, according to the same source.

“Structural absence of competitiveness”

Renault noted that he had been “the only industrial player to bring for many years a significant direct financial support with 42 million euros (…) to overcome a situation made difficult by the absence Structural competitiveness “.

In a separate file of another subcontractor in difficulty, Renault said on Tuesday support the recovery plan of the company: Alvance Aluminum Wheels, based in Diors (Indre), which has some 280 employees, would be taken over by the Saint-Jean Industries group.

“This accompaniment will result in the integration of the new company into its panel aluminum wheels for Renault Group’s European assembly plants,” according to the company.

Considerate that “this recovery project is certainly the last chance of recovery of society”, Renault said “to consult the new company for the development and production of aluminum wheels under its know-how. Technical, allowing it to access a volume of production up to 500,000 annual wheels for Renault’s benefit.

/Media reports.