Econostrum | Economic News in the Mediterranean

"Veolia has exaggerated the risk in its publicity"

Written by Interview by Nathalie Bureau du Colombier on Thursday, March 21st 2013 à 12:14 | Read 809 times

shippax CFI
Maurice Perrin sits on the SNCM's supervisory board representing employee shareholders, who hold 9% of the share capital. The company's CFE-CGC delegate, he is also a member of the works committee.

"Veolia has exaggerated the risk in its publicity" : Why are you fighting against Véolia Transdev's proposed withdrawal from the SNCM? 

Maurice Perrin: We can understand that Véolia Transdev might want to withdraw from the SNCM, but not in 2013, the year of the preparation for the future Public Services Outsourcing. Véolia Transdev cannot withdraw from the SNCM without taking into account the position of the two other shareholders, i.e. the government and the employee representatives. The government, which holds 25% via the CGMF, has the power to block this operation. 
In our view, the transfer of the shares to the share capital of Véolia Environnement (editor's note: sale of Véolia Transdev's shares to its parent company) means liquidation. Véolia does not hide its desire to resize the company to just four mixed cargo and passenger vessels. Véolia Environnement representatives have made it very clear that they could stop the Nice, Toulon and Maghreb lines. They may not have put this in writing, but they have not hidden it either. 
In a management report on the SNCM, Véolia states that the company represents a financial risk of 275 m€ in the event that it is obliged to repay government subsidies. Véolia has exaggerated the risk in its publicity. Véolia emphasizes the deficit. 
What is the climate within the company? 
M.P: In March 2012, the SNCM's management proposed to sell it for 1 €. That caused us considerable damage and talks did not begin again until July 2012.

Renewal of six ships and a voluntary redundancy programme

What is the plan regarding the renewal of the SNCM's fleet? 
M.P: The 2006-2010 corporate plan, which was voted by the personnel, stipulated the renewal of the fleet at the rate of one ship every two and a half years. Over that period, only the Monte Cinto was replaced by the Jean Nicoli in 2009.    

From a full renewal programme, we went to the replacement of eight ships and then six. 

Finally, we learned that a plan had been approved by the strategy committee subject to three conditions: finding funding, a Public Services Outsourcing that meets the objectives of the programme and a social covenant. The programme also includes a voluntary redundancy scheme for 200 office staff and productivity gains to be achieved among the ships' crews.

Complete file

In the same section
< >

Thursday, March 21st 2013 - 12:15 "The offer was disproportionate"


About is an independent media that deals with the daily economic news of the countries bordering the Mediterranean. Economic cooperation, business news by sector (Industry, Services, Transport, Environment, Society/Institutions), thematic files, airport news, airlines and shipping companies (new destinations)... are treated and analysed by a team of journalists present in the Mediterranean basin. Subscribe to To be the first to know, with unlimited access to all articles. To receive the weekly newsletters and special newsletters sent as soon as our files are published. Automatically renewable subscription, but the reader keeps control of it or yearly subscription. For individuals or professionals...