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Download the file. - Groupe SEB

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Peru – Product demonstration<br />

AT THE HEART OF LOCAL TERRITORIES<br />

STRATEGY – IMAGINING THE FUTURE<br />

Panex is consolidating its position in cookware thanks to <strong>the</strong><br />

introduction of <strong>the</strong> Thermospot.<br />

Elsewhere on <strong>the</strong> South American continent, excellent trading was<br />

reported in Venezuela which is protected from Asian imports by<br />

strong trade barriers. The<br />

Group has a business agreement<br />

with <strong>the</strong> government of<br />

this country where we have a<br />

competitive production plant<br />

and a reorganized sales<br />

force. The Group also achiev-<br />

ed steady growth in Chile and Argentina, markets o<strong>the</strong>rwise noted<br />

for <strong>the</strong>ir volatility.<br />

Throughout <strong>the</strong> world, <strong>Groupe</strong> <strong>SEB</strong> forms close community links in <strong>the</strong> territories where it operates: open days<br />

and participation in local economic, educational and community events. Group sites cooperate with schools for<br />

example, offering site visits and training courses for students. Many of <strong>the</strong>m also support social projects and<br />

sporting events.<br />

Aware of <strong>the</strong> importance of its role in local economic life, <strong>Groupe</strong> <strong>SEB</strong> acts<br />

responsibly when it must restructure or even close a factory to be more<br />

competitive. When this must be done, it takes early action in cooperation<br />

with all parties concerned to limit <strong>the</strong> impact on local employment. Of <strong>the</strong><br />

three factories closed in France, two (Dampierre and Vosges) have already<br />

been re-opened by a new industrial owner, and a similar solution was<br />

being studied for <strong>the</strong> Fresnay plant at <strong>the</strong> beginning of 2008. In Mexico, <strong>the</strong><br />

Celaya factory closed in 2007 is about to take on sub-contracting work for<br />

Services Vistamex, and plans to resume industrial operations under a new<br />

owner.<br />

47<br />

3 factories in Brazil<br />

and Colombia.<br />

7 marketing companies.<br />

2 logistics platforms.<br />

Brazil – Arno factory

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