Taking over the Fused Alumina Niche: Judgment on October 25 for the Savoyard company

While the company based in La Bâthie is still at risk of legal liquidation, the decision of the employees is still awaited. The hearing held this Tuesday morning at the commercial court of Chambéry has not yet been decided. The decision was reserved until Friday.

As the only customer running, Alteo therefore has until the end of the week to provide a financial guarantee of 3 million euros. In the event of a takeover, 119 of the 177 employees would then be retained.

On October 8, a 15-day deadline has already been announced for the workers

The La Radio Plus article from October 8, 2024 can be found below:

The Chambéry commercial court hearing was postponed until October 22

There is still no judgment for the employees of Niche Fused Alumina in Bathie in Savoie. They have to wait 15 more days before they know their fate. The hearing at the commercial court of Chambéry was postponed until October 22.

There is still a risk of meltdown

In receivership, the Savoyarde company is today at risk of legal liquidation if a takeover file is not confirmed.

For now, the Alteo merchant is still running. So he has 15 more days to finalize his offer. In the meantime, production continues.

The workers who moved last Friday with a snail’s pace operation all the way to Albertville remember.

European MPs are calling on the Prime Minister

While the Chambéry commercial court has just granted a new two-week deadline for Alteo’s bid to take over the Niche Fused Alumina factory in La Bâthie, MEP Pierre Jouvet once again supports the 177 – work at the company.

Last May, during the European election campaign, as a candidate, together with MEP Sylvie Guillaume, he met with Niche Fused Alumina unions.

While the future of the factory is still in danger, Pierre Jouvet calls on the Prime Minister Michel Barnier about the lack of financial support from the State.

The MEP also plans to question the European Commission about the measures it plans to take to combat unfair competition in Asian white corundum.

Here is the letter sent to the Prime Minister: the link can be found here PierreJouvet_CourrierAuPMNicheFusedAlumina.pdf