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Prysmian Group – 2015 Sustainability Report

Prysmian’s People

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103

Industrial relations

The Group maintains constant, profitable relations with workers' representatives and trade unions. These are

founded on mutual understanding and fair discussion, in the conviction that - while respecting the reciprocal

roles of each party - there are common interests to be pursued via constructive dialogue. The workers'

representative and trade unions are therefore free to operate in compliance with local legislation and

practices.

In many of the countries where the Group has factories, 2015 was marked by the signature of agreements

with workers' representatives and trade unions. These agreements covered the normal renewal of the

economic and regulatory terms of current payroll contracts, as well as specific actions to improve

competitiveness/reduce costs where required by market conditions.