GasGas Workers Reach Agreement

Google translated version:

TITLE: Preliminary agreement on Gas Gas to implement a temporary ERE two months

SUMMARY: Workers motorcycle manufacturer ratify a pact to stop work a maximum of 60 days each

BODY: Workers manufacturer of motorcycles Gas Gas Salt (Giron?s) have ratified meeting Tuesday in a preliminary agreement to implement a Record of temporary employment regulation (ERTE) two months will affect the total workforce. Business and committee have reached this agreement to avoid laying off 26 people and reducing pay the rest.

According to the preliminary agreement the 93 employees of the Gas Gas Salt cease to work a maximum of 60 days each. The spokesman, Pere Brangol? explained that "we have gone through a ratification meeting with all employees. It has come to accept this draft agreement waiting to see if, within the end of the preconcurso we have before, is a little more defined the future of the company. " Brangol? added: "We have put a number of conditions that the company has agreed in principle, would vacations, overtime pay and some concrete workers without benefits, excluded from this suspension."

The ERE could start to apply from this Friday and duration, affected unemployment charged. Production of Gas Gas bikes standing since late December and several payroll company should workers. In late 2014 the company negotiated to refinance debt, amounting to 20 million euros, but the Girona firm found a suitable solution to solve their economic problems, mainly with banks. On January 16 preconcurso creditors had to try to find a way out of the situation. The corporation has until May 16 to close a deal and refinance its debt.

The debt restructuring will also allow you to receive an investment of 9 million euros of an international group for the development of new models of Trial and Enduro and for a possible expansion in Southeast Asia and South America.

Gas Gas Motos, which employs nearly one hundred thousand direct and indirect workers environment and its headquarters is located in the industrial area of ​​Salt Torremirona is world number one in motorcycle Trial, Enduro and third. In his catalog has thirty models of motorcycles, also raids. The total production of nearly 9,000 motorcycles per year, 90% of exports to more than fifty countries worldwide, including the United States, Brazil, France or Germany.
 
Something must be lost in the translation there is no way you can have 100,000 employees making only 9,000 motorcycles a year. The numbers are off by a factor of 100. 1000 workers makes sense.
 
Something must be lost in the translation there is no way you can have 100,000 employees making only 9,000 motorcycles a year. The numbers are off by a factor of 100. 1000 workers makes sense.

Probably referencing world wide dealer network.
 
That would mean 99,000 employees at the dealerships to sell only 9,000 bikes. That's 11 employees to sell each bike.
 
Yes the translation is wrong at the end it says nearly 100 direct workers and 500 inderect workers.
 
From 4 hours ago
After the visit, the political representatives were able to experience firsthand the atypical situation being experienced by the company. Degradation and deterioration due to investor interests, have left a manufacturing motorcycle offroad off the market, significantly harming the domestic industry. Political representatives fear moved so fragile situation and constituted a monitoring committee with goodwill on all sides, to reach a solution as less dramatic for everyone. The workers' representatives are warily today has a solution that is not too dramatic for workers are. The committee and staff will continue to struggle and claiming that it is still not too late to return has enabled the plant and save jobs.
So this May 1, we moved our forces to Girona Independence Square, at 12:00 h. to speak out for the cause which has 400 families in this precarious situation.
 
GasGas was born out of Bultaco. A couple of the head guys at Bultaco in the 70's or 80's left there when they were going under and formed GasGas. Now theBultaco brand isback


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I remember the name from when I was a kid but have not heard of them since the other day when someone mentioned they were making bikes again. Was wondering if they were still affiliated with Gas Gas in any way.
Anyway back to the topic, it sure looks difficult to get anything done in Spain from an investors point of view.
 
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