From the link at the end, you can download the public document, "Report Cites formula Alcatel SA on the development of the Feasibility Plan 1993-1998", dated 16/3/1999. A copy of this document has been provided by Rafael Márquez Gallo.
In this report, describes the completion of Cites their share of all obligations in the agreements with the Administration for Feasibility Plan and attach any relevant supporting documentation. Resumo
The antecedents of this Feasibility Plan which, as indicated in the report itself were:
Traditionally, the fundamental Client Cites Telefónica and was continued throughout their history. But in 1989, coinciding with the Instability of the terminal market entry in Spain, set off a cascade of events that negatively affect CITES:
- Telefónica change its criteria for allocating the purchases on their phones, first increasing the involvement of the second supplier, and then introducing a third party so that the proportion allocated to low Cites considerably.
- Trade liberalization promotes the entry of other competitors with lower costs.
- technological change occurs in the telephone terminals from the beginning of the decade of the 80 carries a considerable reduction of labor required to manufacture them.
All these factors lead to the Company in a difficult situation, with facilities, equipment and inadequate staffing structure and without financial resources to undertake the conversion, as indicated in the above Report.
To address this situation, CITES designed a strategy that results in a Feasibility Plan for the period 1993-1998 with the participation of management and shareholders, on the basis of a draft industrial and technological investments are also building a new factory in the Technological Park of Andalusia in Malaga, where he moved his activities in 1995.
As we said at the beginning, the interested reader can download the public referred to the following link:
Feasibility Plan 1993-1998 Report
0 comments:
Post a Comment