Posts Tagged ‘features’

Growth should slow in the second quarter

May 9, 2011 - 9:56 pm Comments Off

The rebound in first quarter will not last, according to the Banque de France (BDF). If it maintains its estimate for first quarter to 0.7%, the institution table effect on an increase of only 0.5% between April and June. Slightly less optimistic, INSEE, which will publish its first quarter on Friday, table for its share of growing 0.4% in the second.

"With 0.7% growth over the first three months of the year as required by the BoF-or 0.8% as we expect, then 0.5% quarter over the rest of the year we get a growth of 2 to 2.1% growth in 2011, "anticipates Pierre-Olivier Beffy, chief economist at Exane BNP Paribas. The government expects its share to grow by 2% over the year.

"Moderate activity"

The first estimate of the BoF is based on the results of its April survey on the work of industry and services.In the first two sectors, the monetary institution observes an activity that is "remained moderate overall, with a business climate in retirement to 107 points in April against 110 the previous month totally free credit score. "This is the largest decline since the crisis began in late 2008," worries Ken Wattret, market economist at BNP Paribas. Economists expected an unchanged index.

While food has grown, other sectors have declined, particularly in the automotive and equipment. "Prices have tended to rising prices has again," notes the BoF, due probably repercussions of price increases of raw materials.

Services, which had been slow to recover in 2010, were known for their full growth "supported", says the BoF.The confidence indicator, lower than in industry, totaled 102 points in April, against 103 in March. Transportation and computer services from the sector, which continued to recruit. Good health services should continue, provided the Bank of France: "The prospects are growth-oriented farm activity."

The observations of the BoF in April similar to those of the INSEE. It had measured a significant improvement of business climate in services as well as stability in the industry.

Faurecia grows thanks to America

April 19, 2011 - 2:32 pm Comments Off

Faurecia, located in 33 countries with 238 plants has grown steadily over the first quarter. Its consolidated sales amounted to 3.963 billion euros, up 23.7% (+15% at constant exchange rates) over the first quarter of 2010, according to a statement released Tuesday. The turnover of 135.9 million includes Faurecia euros Plastal Germany and 46.7 million euros of consolidated Plastal Spain in April and October 2010. As for the activities of Angell-Demmel, taken by Faurecia January 1, 2011, their contribution to revenues is 17.5 million euros in the first three months of 2011.

It is thanks to its core auto parts – that the group, held 57.4% by PSA Peugeot Citroën has achieved this strong performance.Sales of parts and components for car manufacturers have exceeded 3.1 billion euros, or 23% increase over first quarter 2010 (+13% at constant exchange rates). Sales of tools for R & D and prototypes have risen a bit slower pace of 18% (2% at constant exchange rates) to 214.5 million euros.

Growth through American countries and Asia

The increased activity of Faurecia has been particularly strong in North America: +34.7% (+31.1% at constant exchange rates). This increase, especially noticeable in sales of catalysts is related to the purchase in 2010 by the American Faurencia MSCOM Technologies, specializes in controlling emissions.

Among emerging markets, Faurecia is a sales increase of 32.8% in South America (23.9% at constant exchange rates) and 29.1% in Asia (23.2% at constant rates exchange rates). The strongest sales in China jumped (+25.5%), with two Chinese joint ventures of Faurecia, which enable it to provide exterior parts of automotive vehicles for Chinese low-end.

At the Paris Bourse, the results were appreciated by investors. An hour after the start of trade, as Faurecia rose 3.66% to 25.6 euros on a market reopens after falling up to 2.35% on Monday.

The hospital has eliminated 10,000 jobs in 2009

March 16, 2011 - 3:56 am Comments Off

Reversal. After steady growth for at least fifteen years, and accérélée the early 2000s to offset the effects of 35 hours, the number of public hospitals have stabilized in 2008 (-0.06%). And for the first time they fell in 2009 -9800 full-time equivalent positions, according to official statistics and final unveiled this morning by The Daily of the physician.

This figure represents less than 1.3% of total hospital staff, which is almost 753,000 jobs. The administrative staff, technical workers and retreat, and those of carers are slightly higher (stability for nurses in particular).These efforts have helped reduce the deficit in hospitals increased from 686 to 512 million euros from 2007, according to figures announced by the then health minister, Roselyne Bachelot.

Each institution is legally independent and therefore free to manage its workforce, the rule of non-replacement of staff on two retiring – which has prevailed for the five-year state officials – does not apply to hospital . In this case, this reduction amounts to almost 10,000 jobs do not replace one out of four. Over five years, the numbers remain on the upside. And all these data are not doctors, accounted for separately: their number rose 3.2% year on year to $ 64,500.

Courbit ready to open it from its group

March 5, 2011 - 10:52 pm Comments Off

Click on the thumbnail to enlarge the graphic.

"It went faster than I imagined, and it was more complicated than expected," says Stéphane Courbit. In three years, the former head of production company Endemol France, famous for having developed the reality show in France, has built a group active in television, online gaming and energy. A mini-empire of 4,500 employees in 25 countries, whose companies have made last year a total of over 1, 2 billion euros in turnover and net profit accumulated close to 150 million euros.

At age 45, urged the contractor, a graduate of the ISG, which started as an assistant of Christophe Dechavanne before getting a company with host Arthur is ready to move up a gear.To achieve this it plans to open the capital of his personal holding company LOV (reference to his children, Lilac, Vanilla and Oscar) to investors. "We want to go from 150 to 200,000,000 euros in 24 months," says Stephane Le Figaro Courbit. We could bring partners, family investors, because we have plans for large acquisitions in television and gambling on the Internet. LOV could double or triple in size over the next three years. "To begin, Stephane Courbit is ready to sell 15-20% stake in LOV, but wished to maintain control. "Within 3-4 years, we will ask the Stock Exchange," he says.

The increased funding is unquestionably one of his concerns. Until then, to maximize its investment capacity, LOV was always associated with the level of its major subsidiaries.The company holds Stéphane Courbit and a third of Banijay, and the Society of sea bathing has half the activity online games. By opening the capital of LOV, with 300 million fully invested, he will restore the resources to support its subsidiaries, that follows closely. Day by day.

"With the exception of Direct Energy, we are operational in the societies in which we invest. LOV is an industrial group focused on the content and the Internet, "he says. Each business is run by officials in close contact with Stéphane Courbit himself. "I would like to distance, I withdraw from daily life, but it's hard, it's against nature," says the entrepreneur, who feels closer industrialists and financiers high quality business cards. "I worked 15 years in television.I invest in what I understand or control. "Following this logic, Direct Energy is a special case. "Direct Energy is the only investment that is not in the heart of our business, my only opportunistic investment. I went with Jacques Veyrat and the Louis-Dreyfus. I would never have gone alone, "he acknowledges.

In fact, LOV was developed mainly in three areas: gambling on the Internet, television and the Internet. "In total, we invested $ 300 million since end 2007: 100 million in Direct Energy, 100 in TV, 50 in 50 games and the Internet."

Towards a rapprochement with Poweo

For the future, Stephane Courbit intends to develop without LOV away from his heart craft. In gambling online BetClick has become the leader in France in paris sport with 45% market share.The company claims a place in the Top 3 in Europe, but it still has weaknesses. "We could make acquisitions in Spain and Germany," says Stéphane Courbit. In France, the company loses money after investing heavily in marketing last year to take advantage of market liberalization. "We invested 40 million euros in six months. This year, we focus our communication efforts on football by sponsoring Marseille and Lyon.

In audiovisual production, Stephane Courbit has united around its Banijay company, Groupe Arnault, the Agnelli family and Agostini. In three years he has rebuilt a group of 240 million euros, which generates two thirds of the group's net profit.Banijay includes ten production companies in France, Scandinavia, Spain, Germany and the United States.

The idea is to develop original formats in one country for use in all others. "We need to catch the first two sector Endemol and Fremantle and for that we climb up to one billion euros of turnover. The first step is to locate in Britain, an important market that we're missing. We are talking with a British company. "

In energy, the profitable development of Direct Energy is largely related to changes in the price of electricity sold by EDF operators. A reconciliation Poweo would make sense. Stéphane Courbit ranks rather an observer who does not opt out if an opportunity presents itself.

Thibault denies wanting to leave the head of the CGT

January 27, 2011 - 5:56 pm Comments Off

An operation to destabilize baseless, an operation of big capital against the first employee representative. Bernard Thibault has denied this afternoon the information published a few hours earlier by Le Parisien / Today in France, that he had told his bodyguards his desire to throw in the towel by the end of year and appointed Nadine Prigent, one of his secretaries confederate, to succeed him. More than deny, the secretary general of the CGT contests each item presented "an attempt to lend credibility to the announcement" premature departure."In no case the CGT is engaged in internal conflicts as they would destabilize its national leadership," says he, tired of reading in the press the "fantasy" of a confederation weakened and challenged by a part of the base after "the part played by militants in the exceptional action over pensions."

According to him, it would be the opposite: "The CGT is increasing," accusing the transition to hint the president "comes out a little further weakened the standoff that has imposed employees "to enjoy this attempt at destabilization. And nothing, especially not "a CGT offensive, lucid and conscious of its responsibilities challenges," gives him "want to leave." He also denied any personal problem or health, conceding just not without humor, " sinusitis boring. " "In short, I am, I stay! And my estate is really not on the agenda.Close the bench! "

Tired of being the "office of Tears

Bernard Thibault does not dispute, however – it says nothing about the episode very specific reported by Le Parisien / Today in France – have announced in late December, when a drink with his bodyguards, his intention to leave. "Everyone was aware of the CGT and spoke only of this confirms yet a connoisseur of fine Central de Montreuil. Maybe he was let go at a moment of blues but I do not think so. "The reason? "Bernard Thibault resents the loss of influence of the current CGT in large enterprises," he explains cash advance. He has a hard questioning of its strategy to duet with the CGT and he is tired of lots of internal problems going back to his office for some time now the office crying. "

Who is right? Who is fake? Any response at this stage, is only conjecture.If the information is false, one wonders what is the goal pursued by those who have conveyed. Clearly destabilize the Secretary General at a time when the federation is focusing on a more radical unions protest after not only lost a little credibility in the dispute over pensions and a few votes in elections which were held in some of its historical strongholds. "One of the potential candidates to succeed him could seek to cut the wings under the feet of Nadine Prigent," suggests one expert. "It is surprising that only his name was released, and not that of Eric Aubin, when nobody thought of it to take over," agrees the leader of another plant. "Nadine is a fish, definitely a part of the CGT.Nobody knows it, she lacks the skills of a leader. "All right, according to another," a concession to the historical trend of the radical CGT branch communist. " A woman, dixit yet another specialist, "not really known for his ability to listen and her openness."

Resolder the ranks

But if the information is true, why deny it? Perhaps for tactical reasons, for strengthening the ranks behind him at a time when the CGT is to demonstrate that it hardens its position and returns to its dark hours of the challenge. And also to mention a few more strong collusion with Nicolas Sarkozy with some of his opponents have repeatedly accused their leader. "It's pretty twisted to be able to make and exploit," says someone who knows him well.Especially if it is to demonstrate, in the end, there's nobody behind him to take over.

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United Kingdom: very liberal reform of health

January 21, 2011 - 8:44 am Comments Off

The coalition government led by David Cameron yesterday launched nothing less than the most significant reform of the British system of public health since its inception in 1948. The plan will give more power to GPs and will put in competition with private and public structures, which is denounced by the opposition Labor Party as a back-door attempt to "privatize" the National Health Service (NHS, National Health Service) .

Although the health sector is the only branch of the state untouched by the 81 billion pounds (96 billion) of budget cuts, the coalition of Conservatives and Liberal Democrats has aimed to 4% savings on the health budget, a total of 20 billion pounds in four years.The money saved by reforming the system should be fully reinvested to improve the quality of care and offset the rising cost of health care costs.

David Cameron recalled last weekend that Britain was still below the EU average in many areas, such as survival rates for different types of cancer.

The reform, which concerns only England (Scotland, Wales and Northern Ireland are autonomous in managing their health care system), was presented yesterday to Parliament by the Conservative Minister of Health Andrew Lansley fast cash advance.While Tony Blair and Gordon Brown had tried to improve the quality of the system by investing billions of pounds and more than 400,000 by recruiting new staff for the NHS in a decade, Cameron's plan will remove two hierarchical levels in the administration and should result in significant staff reductions.

Quest for the best price

Currently, public hospitals are controlled by a British chain of command that goes from regional levels to Ministry of Health at the top. From 2013, the new system will remove the control to the Minister of Health to empower GPs, GP (General Practitioners). These physicians, together with regional groupings, have the responsibility to manage up to 80 billion pounds on a total budget of more than 100 billion pounds.Depending on their needs and objectives, they define the goals of care and will be able to compete with public hospitals and private organizations to provide services at the best price. Many patient groups and doctors' union, the British Medical Association, concerned about the impact of reform on patients and fear that these radical reforms and rapid "focus more on cost than quality" of care.

Prices remain stable in November in France

December 15, 2010 - 8:48 am Comments Off

In November, the labels remained wise. Inflation rose 0.1% on the month and remains at 1.6% year over year, according to figures released Tuesday by the INSEE. The seasonally adjusted, prices increase by 0.2% the month (+1.6% on a year). "This slight increase in prices in November from both increased oil prices and rising, partly seasonal food prices," said INSEE.

Energy prices rose 0.9% over the month, those of fresh 2%, as is the season. Note, other food products rose slightly as a result of an increase in meat (+0.5%). The price of cigarettes has been increased by 4.3% over the period.

Promotions on toys and audiovisual equipment

However, rates have declined in tourism and manufactured goods prices fell, "a reflection of promotions, according to Insee. Automakers hold promotions to offset the negative effect of the end of the scrapping, the price of new cars falling by 0 unsecured personal loans.7% over the month.

Like every year, the toys are also subject to promotions (-3.1%), as audiovisual equipment (-1.6%). Finally, "the prices of telecommunications services continued to decline (-1.0% over the month and -1.0% yoy) with the introduction of new types of packages," INSEE said.

Deflationary risk

"The inflation risk is now almost zero in France, said in a note to Alexander Law, chief economist at Xerfi."Our main concern today is more of a deflationary," said he. If lower prices becomes reality in 2011, it could certainly be good for purchasing power. But the economic consequences could be negative, this syndrome increasing the debt burden, reducing corporate margins and causing a decrease in activity.

The economist stresses that the underlying inflation rose by only 0.7% compared to 2009. And it has even decreased by 0.1% in November.

France defends the secrets of his business

December 9, 2010 - 1:24 am Comments Off

Checking a candidate's personal background to management of a company. Mission to analyze the consequences of divorce on the future of a family company. Sensitive information about an acquisition. Who decides to study in an international tender. Investigation to avoid purchasing land in India classified as hazardous for environmental reasons. These varied missions were conducted by companies specializing in competitive intelligence.

French companies have discovered in recent years the interest to better protect themselves and defend their interests.The work of evangelization led by Henri Martre, former president of the public group Aerospatiale, who joined EADS, the prefect Remy Pautrat, the UMP Bernard Carayon of the Tarn and Alain Juillet, a former senior official in charge of intelligence Economic Advisor to the Prime Minister and President of the Academy of Competitive Intelligence, have raised awareness to the business they had to look after their interests.

Effervescence

In this area, however, the state still plays a leading role. Christine Lagarde, Minister of Economy, presented Wednesday in the new Cabinet actions by the public to help national champions to protect against external attacks.These range from business intelligence to the strengthening of security companies and research laboratories, through strengthening the influence of France in the bodies charged with enacting international standards.

The mobilization of state and business organizations as the MEDEF, CGPME and chambers of commerce has created a frenzy. In recent years, French companies in business intelligence have multiplied. The tricolor is the number one public group ADIT (Agency for the dissemination of technological information). It employs 150 analysts in France and 500 foreign correspondents, paid primarily to the mission, and carries 20 million euros of turnover. Its experts have designed the business center of Baghdad French allowing contractors to win contracts in Iraq enjoying the maximum safety.They may have offices and hotel rooms secured, an armed escort to move or ask to arrange a visit to an area. The tricolor is another great CEIS, founded in 1997 by Olivier Darrason, which is present in other sectors. Sign of the emergence of a true industry, the profession is organized with the creation of a professional syndicate.

But much remains to be done. "The market is fragmented," says Philippe Deciduous, CEO of Adit. "The French have a real lack of representation abroad, in Asia and India. They outsource too much of the Anglo-Saxons in countries like India. The expertise in financial matters is Anglo-Saxon, "said Christian Harbulot, founding director of the School of economic warfare.The French are not yet able to compete with the Anglo-Saxons, led by Kroll and Control Risks, a strong presence internationally.

The deal could change, however. "The state will open the capital of Adit up to 66% to create the European leader able to compete with the Anglo-Saxons," explains Philippe Deciduous. The computer services company Altran, the credit insurer Coface, the fund HLD Jean-Bernard Lafonta and Butler Capital funds are in the running. They laid their offerings on Nov. 19. Governments should take a decision by Christmas. Once selected, the two new shareholders will locate Adit Germany, Sweden, England, Italy and strengthen its presence in Brazil, Russia, India and China. Evidence that the intelligence beyond French borders.

New forms of attacks

• The Michelin case or failures in law

In July 2007, Clermont supplier Bridgestone is notified by its Japanese competitor, one of its former executives trying to sell strategic information on truck tires. Following the trial on 21 June, a court in Clermont-Ferrand condemns dishonest former employee to two years suspended sentence and 5,000 euro fine, plus 10,000 euros in damages. But he was acquitted of charges of "violation of trade secrets" and "acts of espionage." "This verdict would probably have been different had we been able to present the detail of the relevant policy, we do not want to do is advertise the hearing.It would introduce the camera in this type of case, "offers Andrew Dietz, the legal director of France Michelin.

• Social networks increasingly monitored

In a large construction company in 2008, the son of the CEO discovers a profile on behalf of his father on Facebook. Knowing that his father sexagenarian stands away from social networks, it alerts the management of IT services group. Facebook will one week to grant their request to close this fake profile. Eight days during which the usurper could announce an acquisition or other major event likely to impact its stock price. Another company has thanked a member of its board of directors, who recounted his day's work every night on Facebook, revealing strategic information.The Labour Court has also recently approved the dismissal for serious misconduct of three employees who had denigrated Alten their hierarchy on the Internet, sullying the reputation of the company.

• From the dark to destabilize competitors

Laboratoires Thea is a good example of influence strategy, the component "offensive" of intelligence. Their rival Monaco Europhta, advised by the Parisian firm Institutions and Enterprises, has spread a rumor about an innovative eye drops Thea, referring to dangerous side effects, based on medical reports biased and false testimony.Thea has conducted an operation against influence-which allowed him to stem the negative impact of libel on its sales to obtain redress in the courts and in October 2007 to buy its competitor.

• The racket takes many forms

Hackers sometimes seek to blackmail companies. An industry group has been paying its employees' payroll and a blocked site, e-commerce was paralyzed a few weeks before Christmas. The web page subscription online broker Saxo Bank has been duplicated and made up with an account number which transferred directly falsified Internet payments on the account of the pirate. Areva has been a target of an impostor posing as an agent of the former DGSE.Attempts at extortion are not reported by the companies who fear a negative impact on their image.

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Public Service: The state wants to fight against the abusive CSD

November 12, 2010 - 4:12 am Comments Off

Georges Tron is state secretary Eric Woerth, responsible for Public Service

LE FIGARO. – You had announced the end of the year a law on the insecurity in the public service. Why does he starts late?

Georges Tron. – He was interrupted by the pension reform. The unions did not want to continue the dialogue during this period when they opposed the government. This is unfortunate and understandably. I wish on this subject as on others renew the son of social dialogue and resume consultations with the aim of drafting by the end of a document to serve as a basis for real negotiations in early 2011. The ideal would be to present in the wake of a draft law to Parliament.

Nicolas Sarkozy had said in January this year, "be prepared to consider progressive contractual tenure.Civil Service Will it recover to hire massively?

We will not plan the 17th overall tenure in the post-war! Especially since the 850 inexpensive business cards.000 contract staff are not all in a precarious situation. Commission agents for example, does not necessarily want to become civil servants, because a CDI can they afford not to be subject to certain requirements (mobility, training …) recorded in the status of public service. It is against abusive situations that we will fight.

For those who want it, we will build bridges but integration is not automatic. We'll see what kinds of tests we can imagine.It would be absurd to make them pass the entrance exam in the traditional civil service must be rather a form of recognition of prior experience, since these people work for government for years.

Will you stop repeating the CSD?

This is another component. On the one hand we want to clarify the rules since 2005 make it necessary to propose a permanent contract after six years of CSD. They are too often misused, especially by local authorities. We will ensure that they apply consistently, including when the first contract is signed for meeting a temporary need. " If the agent is still present six, eight, ten years later, the need was permanent! For an agent, it is difficult and unusual to have to attack her employer to court for recognition.

On the other hand, we want to allow the signing of a permanent contract at the outset, not only by agents of category A. So far, they are almost reserved for categories A. Or, at least 40% of staff in category B and category C are under contract. This situation holds in a weak position tens of thousands of agents. Ending it will avoid re "stocks" CDD abusive.

But unions are reluctant to increase the CDI, which they see as a stopgap. They claim tenure held …

For the first time in October, the electorate for the elections in the professional civil service will integrate the 850 best business cards .000 Contractors. A change that the unions wanted, because of the Bercy Accord follows that six of them, eight have signed.This will lead, I think, to evolve. In this they have years ahead of the left who in 2005 voted against the Commission, preferring to maintain a public function at two speeds: CDS precarious one side and the other holders.

You also intend to create mission contracts. Do not you fear an outcry?

This finding very specific skills, we do not have in the administration, eg for a large IT project. It is more relevant in this case, to provide that the contract expires when the project is completed rather than after a fixed period or resort to a dismissal procedure.

The Saudi flag passes Crillon

November 6, 2010 - 12:16 am Comments Off

The Hotel de Crillon, the famous luxury hotel located on the Place de la Concorde, changed hands. Reportedly, its current owner, the U.S. fund Starwood Capital, has completed the sale of the walls of the institution of capital close to the Saudi royal family. Sources close to the deal, the transaction would be almost complete. A works at the Crillon has already held November 3 to announce the process for employees. Another meeting is planned in the coming days.

The transaction amount would be around 250 million euros, excluding work payday loan. The hotel needs a serious renovation, which might add to the note of a hundred million Euros. Work has begun on the facade. The hotel management should be entrusted to the Kempinski hotel group, which holds the rope.The sale of the Crillon puts an end to months of difficult transactions for Starwood, which had failed to sell the hotel to Sheikh al-Jaber, before setting the matter to court.

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