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21 Sep
15:35

ArcelorMittal promises ongoing investment in Luxembourg plants

ArcelorMittal has pledged to invest €30 million/year ($36m) at its sites in Luxembourg as part of an agreement with local unions, which however remain sceptical, the Luxemburger Wort reports. The investment plan is part of compromise negotiations with the country’s trade unions over the removal of agreed conditions that were the result of collective bargaining 40 years ago, a spokesman explains to Kallanish. At that time, the former Arb…
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