The management of the French bank BNP-Paribas (169.000 employees throughout the world, 130.000 of them in Europe) and the members of its European Works Council bargained for an amendment to the agreement establishing the council. It must now be assigned by the representative French trade unions. The text takes into account the entrance of the BNL Italian bank, with its approximately 20.000 employees into the perimeter of the group, and improves the council's mechanism. (Ref. 080660)
This is the second amendment after the one signed on July 7, 2003, amending the original agreement signed on July 10, 1996. The purpose of the re-negotiation was to take into account the group’s recent European developments and define new proportionality rules, especially to welcome the approximately 20.000 workers from the BNL Italian subsidiary, who would only have been entitled to one representative with the original agreement. On this occasion, some of the rules governing the mechanism of t
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