The Citroen DS 5 of the newly elected president has not only brought joy to Peugeot-Citroen on Tuesday. The leaders of Bosch, which manufactures the electric motor and power electronics for PSA's hybrid vehicle, took pride in the choice of Francois Hollande. "Our site of Saint-Ouen is our global competence center in the area of ​​hybrid vehicles," welcomed Maugis Guy, president of Bosch France.

The group is an industrial giant of the Rhine, which weighs 51.5 billion euros in turnover in 2011 and employs 300,000 employees. In the Hexagon, has 25 sites and employs 8,200 people. Last year, the French subsidiary has made EUR 3 billion in revenue, of which 1.3 billion were exported. The French activity was slightly higher (+3%), despite the difficulties of the automobile industry. "We are logically affected by the fall in the number of vehicles produced in France in recent years," says Guy Maugis.

Attractiveness of the site "France"

This growth at the global level as in the French branch, comes from new products marketed by the group. And development is made possible by the emphasis on research investments (4.6 billion globally) as in the industrial (3 billion euros). "In France, the group has invested over 350 million euros for the past five years to upgrade its industrial base," adds the French official.

These investments were made away from the controversy that surrounded the site of Venissieux, in the Rhone, in 2004. Bosch had then seen 35 to 36 hours working time in return for an investment of 20 million euros at the time for the manufacture of diesel injection pumps. "This agreement finally allowed to employ 500 people in our factory for seven years," Guy is justified Maugis.

Posing as the "Ambassador of France to the parent," the leader welcomes investment in recent years. Because the site "France" is in competition with all other countries where Bosch is represented. For Guy Maugis, if France is suffering comparisons in terms of labor costs, it benefits from the quality of its infrastructure, training and inventiveness. However, he regretted "the unpredictability of tax regulations and social situation" and the low visibility of social dialogue, sometimes "surprising and even confusing."

Social dialogue that can sometimes be successful. The site of Venissieux, again, was again converted. Today, part of the factory is specialized in the assembly of photovoltaic panels. "The plant is running close to capacity, although the sharp fall in prices in 2011 prevented for the time being profitable, explains Guy Maugis. However, we are confident of having the wherewithal to impose on us in this area. "

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Voted! Many viewers will be this Saturday night in tapping away on their mobiles to support one of four candidates – Louis, Stephan, Aude or Al.Hy – who will compete in the finals of The Voice télécrochet on TF1. All the more so since its launch on February 25, the show has excellent hearing, with nearly eight million viewers on average. If the suspense is over on the election's outcome, one thing is certain: the string will be the big winner of the evening. Charged € 0.65 per SMS, the votes of fans bring him close online pay day loans. According to a survey of Parisian, TF1 affects between 40,000 and 400,000 euros a Saturday night with these premium text messages, since the program began on February 25. And the final on Saturday will be the twelfth primetime télécrochet. "For every prime time The Voice, there are between 100,000 and hundreds of thousands of votes," says Krikorian Master everyday, the bailiff of Justice opens the envelopes on programs.

Viewers will vote to support one of four finalists.

A rating agency on three, Standard & Poor's, has already withdrawn its prestigious AAA to France. One of his rival, Moody's, could soon follow, warned the Socialist candidate for president Francois Hollande. In the days following the presidential election.

Moody's placed under the supervision of the French debt rating earlier this year, he said in an interview with Journal du Dimanche. It "will make a decision on May 12, he argued. It will not be a consequence of the May 6 vote of the French. I warn, already, for our fellow citizens that there is no confusion (…) For now, I ask in any case to be assessed by the French and not by markets. "

How the candidate can know the date on which the decision will fall on Moody's France? Rating agencies maintain absolute secrecy about the content of their deliberations and their timing, until the publication of their decision. To predict the date of May 12, the candidate is based on the deadline set by the agency between his warning to the country concerned and the actual announcement. Moody's placed its ratings on negative watch on Feb. 14. It must give its verdict, probably too negative for the French-AAA before May 15  

Francois Hollande tried to clear the ground, should he be elected, and while his main opponent, Nicolas Sarkozy, waved the threat of an attack against France markets where Socialist victory no fax payday loan. Today, has defended the PS candidate, turbulence affecting Spain and Italy but not France. "It is particularly irresponsible for the incumbent to use the threat of speculative movements to persuade voters to abandon the alternation," he pleaded.

The first week of the next president, whoever he is, ahead eventful. First Moody's should actually decide before May 15 the fate of AAA it has issued so far in France. Then the Commission will publish its opinion on the stability program of France. This document, sent to Brussels last week, details how the government intends to restore the balance of public finances by 2016. Problem: it takes into account neither the promises of the outgoing president, nor those of his socialist opponent.

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Training remains a major challenge for companies. Especially in times of crisis, where the imperatives of productivity and internationalization require the DGs and their HR managers to work on climbing skills of their teams. Which levers businesses support each day to ensure the professionalism of their staff, how do they organize relations and the division of labor between HR and business managers? This is the theme of the fourth edition of Panorama conducted by HR consulting firm BearingPoint strategy, in partnership with Le Figaro economy, Sciences Po and Ipsos

When asked "why professionalize?", HR departments respond to 43% it is necessary to "secure certain profiles and some skills" and are 35% to emphasize the obligation "to achieve gains productivity "and 30% emphasized the" major alterations "suffered by some functions. "The HRD also mention the direct benefits of this professionalization for employees, is Olivier Parent du Chatelet, a partner with BearingPoint. Valuing employees is cited by 25% of HR and development of mobility by 62%. "

Concretely how firms organize the professionalization they? "The steps of professionalization rest today on a triptych: the training path, career paths and managing a business that includes the GPEC and animation business sectors", the authors of the study.

Several levers

In detail, the Panorama HR BearingPoint emphasizes development over the past fifteen years of corporate universities, the rise of business management, although it remains to this day the "poor relation approaches deployed" , while the definition of career paths is identified by only 40% of HR as a lever for action. "However, the involvement of businesses is a key appears in the definition of career paths. Today they are virtually absent from development approaches: only 19% of the sponsoring business managers, 13% fly them, "says the study.

Another weak link of political professionalization, their low integration. "Most often, different organizational structures are the individual career management and mobility, collective management skills and training, or facilitation of business networks, said Olivier Parent du Chatelet. Split between different levels of HR and business managers or business, they manage their policies and processes without real connection. "This undermines their effectiveness.

One of the recommendations of BearingPoint is also to integrate all of these courses offer a comprehensive HR, "at a crossroads between training, career management and planning of jobs and skills." These policies should also start thinking in terms of generalization, involving both business managers and HR, with a real efficiency target business, competitiveness and employee retention.

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The egg hunt, chocolate bunnies or chickens will be open Sunday. Easter is indeed a special time to eat chocolate. A strong tradition since last year 12,500 tons of chocolate were sold at this time.

"We realize 20% of our turnover on this occasion. Easter with Christmas are the two highlights of the year for our business, "says Jean-Paul Burrus, president of Salpa, known for the brand Marquise de Sevigne.

The offensive of dark chocolate

The trend remains the great classics. "The most popular products are the egg, the chicken or the bells, with one exception in Alsace: the rabbit, a custom from Germany," says Jean-Paul Burrus. "After the eggs or square pyramidal and chickens conceptualized, the market returns to more traditional things," says Sylvain Quidel, head of Leonidas, whose bestsellers are topped with fried egg or rabbit. Dark chocolate is also continuing its offensive. At De Neuville, accounting for 40% of annual sales.

The chocolate does not seem to fear the consequences of the economic downturn, convinced that from twenty euros – the value of the average basket – it is a pleasure that is accessible. In addition, this year, consumption should be boosted by a calendar and a very favorable weather.

]]> http://naturalandbest.com/chocolate-makers-are-hoping-to-repeat/feed/ 0 http://naturalandbest.com/hospitals-drop-their-investment/ http://naturalandbest.com/hospitals-drop-their-investment/#comments Thu, 05 Apr 2012 14:40:13 +0000 admin http://naturalandbest.com/hospitals-drop-their-investment/  

Public hospitals are not so bad, that is the situation of their banks might damage. That, in broad strokes, the picture painted in its annual rating … by Dexia Credit Local, former first sector bank being dismantled.

The deficit in French hospitals reached 220 million euros in 2010. That sounds a lot but the amount represents only 0.3% of their budgets. Excluding appendices generally accounts surplus – long stay, retirement homes, nursing schools, real estate … – care, "heart-to" hospitals, loses 470 million (0.8% of budget). A stable amount of improvement after two years. 2011 should be in the same waters: a somewhat wider scope, including both private non-profit institutions, the government announced an initial estimate of 504 million deficit, against 508 million in 2010.

These figures make it unlikely that the return to balance this year, wanted by Nicolas Sarkozy. However, they reflect "the efforts by hospitals to control their staff costs," says Claire Bouinot, Dexia Credit Local. Because their revenues have increased by only 2% in 2010, the lowest increase for over ten years. Moreover, 300 hospitals "only" are in deficit (-600 million euros), others are in balance or in surplus (380 million).

The year 2010 also marks a break: after a decade of growth, investment by hospitals fell almost 5%, to $ 6.5 billion. They are expected to decline again in 2011 and slightly more strongly in 2012 payday loan. The 2007 Hospital Plan which, in "looping" financial arrangements with state subsidies, led to the partial solution to the obsolescence of French institutions, has expired. It "does not appear in the same volumes relayed by the Hospital Plan 2012", Claire Bouinot analysis.

But above all, co-financing of investments by banks, which was almost closed eyes until 2008, has become extremely difficult. Not that the banks fear increased risk: 24.1 billion, the debt reached "6.2 years of cash flow, a normal level," says Andrew Baker, director of studies of Dexia Credit Local.

But Dexia, precisely, which gave almost half of the loans to hospitals, this activity has slowed since 2008 and early 2012 has completely frozen, waiting to know his fate. And "among our competitors in the public sector, foreign banks have disappeared, savings bank, Credit Mutuel, Crédit Agricole and Societe Generale reduce the wing," says Andre Boulanger. Standards requiring them to strengthen their balance sheets and low earnings generated by public clients explain this decline.

Nothing serious immediate for most hospitals, which merely postpone investments. But much more worrying a small minority of them, including fifty hospitals "in a particularly difficult situation, where the operation consumes cash instead of generating," pointed to by Claire Bouinot.

]]> http://naturalandbest.com/hospitals-drop-their-investment/feed/ 0 http://naturalandbest.com/for-renault-the-low-cost-employment-protection/ http://naturalandbest.com/for-renault-the-low-cost-employment-protection/#comments Thu, 15 Mar 2012 19:32:04 +0000 admin http://naturalandbest.com/for-renault-the-low-cost-employment-protection/  

A month after the controversy created by the opening of its giant plant in Tangiers, and while made in France remains a central issue in the election campaign, stoutly defends his Renault acceleration in the low-cost. Cultivating paradox, the group believes that its low-cost models to help protect jobs in the Hexagon. And even if the MPV Lodgy Dacia, built on the site of Morocco, is proposed for Wednesday from 9900 euros, more than twice unless the Renault Scenic assembled at Douai, in the North.

On a European market down, "there is considerable logic to make the models where we can make them competitive," said Carlos Tavares, the deputy CEO of Renault. "While our competitors are forced, in a desperate step, practice excessive discounts, may destroy value, we invented a way to make money more effectively," he says. The low-cost range "the most profitable business" liberates margins well above 6%.

a French champion of global size

With these profits, which are "reinvested", "Renault is protected, we avoid tough decisions, our competitors are forced to take. This helps prevent people make social plans, "says Renault boss operational, which notes that" those who claim to have higher production in France more important than ours, are also those in losses. " More generally, "France would gain by having a world champion-size automobile. When the company expands overseas, it's good for the group in France, "said Carlos Tavares.

Renault has made last year 23% of its vehicles in France (against 44% for PSA). In the long term, its production declined sharply in the Hexagon: 445,000 cars and 201,000 commercial vehicles in 2011, against 1.1 million cars and 227,000 commercial in 2004.

The Lion, the automotive division was not profitable last year (- 0.2% operating margin, against 0.8% for Renault), will remove 6,000 positions this year in Europe, including 3,500 in-house .

Handicap image

The diamond company, which devotes 40% of its investments in France, it now locates priority models with high added value: commercial vehicles, electric cars and high end. The next high-end cars, planned from 2014, however, must win while French "has a disability image" in the face of German manufacturers, recognizes Carlos Tavares. For the hour, equivalent models, the Renault cars are bought "on average 10% cheaper" than those of the Volkswagen brand.

On the electric as the band Zoe will launch its fall, the boss does not hide his disappointment at the slowness of government. "The charging infrastructure are late. France has a huge opportunity to play, we have everything it takes to become a world leader in power. I am a little concerned that we can possibly pass up this opportunity, "he says.

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After a difficult 2009, craftsmen and traders have redressed the head in 2010. According to the Federation approved management centers (FCGA), who analyzed 77 occupations in 11 industries, their average turnover increased by 0.9% this year to reach 249,500 euros and operating profit of 2.1%, to 34,280 euros. But all does not show the same performance. The craftsmen in the building went through a dark period, while five sectors did better than others.

Topping the growth of sales, services are needed in the lead with a 3.3% increase (120,700 euros) through real estate agencies whose activities (167,000 euros) recorded the largest increase ( 11%) of 77 occupations analyzed.

Transportation come next, with 3.2% for an average turnover of 116,000 euros. Freight carriers get the best improvements, with an increase of 3.5% of sales (174,000 euros). But only 34% of them give off an income above 26,000 euros cash advance. The paramedics are doing well, with a turnover (395,000 euros) up 3.4%. Two-thirds of them emit a higher operating profit at 39000 euros.

In coffee shops, hotels (2.9%), the pancake houses boast the highest growth with 6% for sales (162,300 euros) and earnings (35,855 euros) in improvement of 9.1% . The breweries were up 4.3%, 3.1% of the pizzerias and hotels by 3.2%.

In automotive (+2.9%), body builders have a turnover (257,600 euros), up 5.2%. But independent stations showed a fall of 5.1% of their earnings. In health care, pharmacists have reached the highest earnings of 77 occupations, with 125,260 euros for an average turnover of 1,423,500 euros. Opticians have improved by 5.8% their earnings, which reached almost 70,000 euros for a turnover of 334,400 euros. Dental technicians have improved their earnings (47,340 euros) only 1.1%.

After heavily involved in fundraising efforts of the firewall in the euro area, Japan is preparing to support its European partners. The country plans to provide up to $ 50 billion International Monetary Fund (IMF) to enable the institution to help the euro area to cope with the crisis, AFP reported citing an official from the Japanese Ministry of Finance. "Japan considers the precise amount that will provide the IMF," said the official who also spoke up to $ 50 billion, confirming information reported by the newspaper Asahi Shimbun. The exact involvement of Japan to raise funds from the IMF will be announced following a meeting of finance ministers and central bank governors of the G20 which takes place on 25 and 26 February in Mexico City.

However, Japan is not ready to sign a blank check. In a joint forum in the Financial Times, Chancellor of the Exchequer George Osborne and his Japanese counterpart Jun Azumi indicates that their countries are willing to increase their contributions to the International Monetary Fund but only on condition that the euro area strengthens its funds Relief and make greater efforts to resolve the long-term debt crisis. "The euro zone countries have made progress but we must still do more to achieve a lasting solution. Japan and Britain are longtime supporters of the IMF and we are ready to make our contribution to the global effort if certain conditions are met, "wrote George Osborne and Jun Azumi.

The institution led by Christine Lagarde seeks in effect to increase its reserves by $ 500 billion to support the euro area. But the IMF's role is crucial in resolving the debt crisis in the eurozone. An official with the International Monetary Fund warned yesterday that if the institution was not associated with the bailout for Greece, the whole edifice would collapse for lack of support from private creditors. "We play a catalytic role. If we are here, both the public and the private sector will join in supporting a country, "said an IMF official, speaking to reporters in Washington on condition of anonymity.

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The absolute independence of the European Central Bank vis-à-vis the policy preventing him from speaking. Mario Draghi has openly acknowledged Thursday: "I received a few minutes ago a call from the Greek prime minister said an agreement had been reached and endorsed by the major parties," said President of the ECB at its monthly press conference in Frankfurt. Thus he was able to announce before everyone else – maybe a little too quickly, given the float that followed in Athens – the good news entrusted to him by Lucas Papademos, the former vice President of the ECB.

But, according to the principle that it is easier to comment on the affairs of others than on his own, he refused to say clearly that the ECB may decide to reduce the debt of Athens, parallel commercial banks: "We are not part of negotiations. But what we hear is that the parts are pretty close to agreement. "

"Prohibited by the European treaties"

Pressed with questions, the successor to Jean-Claude Trichet ended up giving the key to participation of the ECB program "voluntary" Burden Reduction. "If the ECB redistributes some of its profits to the Member States of the ECB … it's not on monetary financing (public debt, which is prohibited by the European treaties), "he dropped. Clearly, it confirms one of the options that have been circulating for a week: the ECB could leave the unrealized gains on its purchase of Greek bonds. Which is approximately 12 billion, knowing that the bonds were acquired on the market at a discount and would be repaid at their face value at maturity.

By hiding again behind the texts prohibiting the bailout States, Mario Draghi shows the difficulty of his task. "The time is long when monetary policy was limited to setting interest rates. Since the debt crisis, the ECB must navigate waters very political, "says economist of a major French bank.

Inflation above the 2%

Monetary field itself, new relaxations are in any case by no means excluded. "Inflation should remain above 2% during the next few months, before falling back below 2%," said Mario Draghi. He worries more than ever a dry supply of bank credit: "We are actually concerned about the slowdown in the credit."

This is why the Governing Council decided to relax the rules on eligibility of collateral (securities pledged as collateral) that commercial banks have to raise cash. These conditions are changed to "temporarily" for seven national central banks, including Bank of France. "Residential real estate loans to individuals are eligible," said a statement released yesterday afternoon in Paris, which lists the technical conditions.

On a neighbor, Mario Draghi provides that the next issue of liquidity to three years, to be held on February 29, could be done "over the range of the previous operation of this type." The banks had obtained, 22 December 2011, 489 billion and 1% over three years.

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