Adp Economic Regulation Agreement

8th September 2021

Adp Economic Regulation Agreement

posted in Uncategorized |

After the pandemic and the persistent upheavals it has caused, Groupe ADP must adapt and move from a model of development support to one that manages a situation of reduced activities and investments. Thus, the 2016-2020 economic regulation agreement for Parisian platforms was denounced with the agreement of the State. The process of developing a new agreement has been suspended. During an extraordinary committee on social works held on 9 July, it was proposed to the workers` representatives to enter into negotiations to adapt the economic and social model of the parent company ADP SA using three instruments of the labour law, each requiring a majority agreement: Aéroports de Paris SAGroupe ADP engages in negotiations with the trade unions in order to adapt its social and economic model of the Commission de l`état de l`état de The ADP group, called for by the crisis, is so far structured to tackle a significant development of its activities, both in France and abroad, thanks to its activities and its dynamic social, wage and financial structure. These include commercial revenues generated by retail concessions, which have quickly restarted at some airports in Europe. The data published by the Spanish operator AENA also give weight to this theory. In the case of AENA, some retail activities actually generated revenue for the operator in 1H2020. By proposing the use of such instruments, Groupe ADP is taking the decision in favour of social dialogue, responsibility and solidarity. The objective is to mobilise all the solutions of the social dialogue to avoid the loss of skills and preserve the competitiveness of our industrial tool. Financial results for the first half of 2020 will be published by airport operators, notably for Groupe ADP, the Paris-based airport operator with additional stakes in West Asia, the Middle East and elsewhere. 09 July 2020 11:30 ET | Source: Aéroports de Paris Aéroports de Paris Groupe ADP develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget.

In 2019, through its Paris Aéroport brand, the group passed through more than 108 million passengers and 2.2 million tons of cargo and mail at Paris-Charles de Gaulle and Paris-Orly, as well as more than 110 million passengers at airports abroad. With an exceptional geographical location and a vast river basin, the Group is pursuing its strategy of adapting and modernizing its terminal facilities and improving the quality of services. In addition, the group intends to expand its retail and real estate businesses. . . .

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