FRANCE/GERMANY: JOB CUTS/RESTRUCTURING AT FUCHS

Article Abstract:

The Mannheim (Germany) based lubricants specialist, Fuchs Petrolub, plans to make annual savings of between DM 9mn and DM 12mn, To this end, 154 out of a total of 467 employees at Fuchs Petrolub (France) will lose their jobs.

Labor force information, Germany, Fuchs Petrolub AG

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FRANCE: TOTAL RAFFINAGE TO ABSORB FINA FRANCE

Article Abstract:

Fina France, based in Puteaux and worth FFr 447mn in capital, will bring a net FFr 729.88mn as a result of its future absorption by Total Raffinage Distribution, based in Puteaux too with FFr 2.5bn in capital.

Acquisitions & mergers, Fina France

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France: Total Fina Elf takes in a new lubricant branch

Article Abstract:

Total Fina Elf Lubrifiants, located at Puteaux, will enhance his capital, which is worth EUR 17.11mn, by an amount of EUR 8.9mn by taking in Total Raffinage Distribution's lubricant branch.

Strategy & planning, Lubricating oils and greases, TOTAL S.A.

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