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EADS (European Aeronautic Defence and Space Co)
| Headquarters location: Le Carré, Beech avenue 130-132 1119 PR Schiphol-Rijk |  | Tel. 01 41 33 90 94 Job offers, investor relations: www.eads.com Email: comfi@eads.net |
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« ETHICAL » RATING OF EADS
, group
and subsidiaries
[ ?] |
| Human: 1 violation(s) of fundamental human rights |
| Job: 21% of company's jobs cut since 1998 |
| Delinquency: 2 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 2 offshore financial center(s) |
| Sales: more than 34 billion(s) dollars/euros in annual sales |
| Net profit: more than 3 billion(s) dollars/euros in cumulated net profit since 1998 |
| Top management: earns 255 times the median income in the United States (32000 US$/year) |
| Influence: 1 act(s) of direct corruption or lobbying |
| Advertising & marketing: 1 dubious practice(s) |
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Relevance: business & market share |
year | business source |
| 2006 | EADS is the world's second-largest missile manufacturer. |  |
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World locations & Manufacturing |
year name | photo position; compensation source |
| 2007Gut, Jean-Paul |  Directeur général délégué; allowances: 2.8 million Eu€; |
| 2006Forgeard, Noel |  Chief Executive Officer; salary: 1.23 million Eu€; allowances: 4.89 million Eu€; |
| 2005Forgeard, Noel |  Chief Executive Officer; stock-options: 5.45 million Eu€; allowances: 7.3 million Eu€; |
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year | dubious practice : image source |
| 2004 | slogan: The step beyond; |  |
| 2002 | Disinformation: Les 100 Ciels: public relations: L | CB-News  |
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year | employees <> | social impact : country source |
| 2007 | -110 | Internal restructuring: Reorganization of the branch Space Transportation, manufacturing the rocket ARIANE V, on the sites of Mureaux and of Saint Medard.: France | Les Echos  |
| 2006 | -500 | Closure/Bankruptcy: EADS closes its Sogerma plant in Merignac, Gironde due to increased competition from low-cost countries, loss of military contracts in France and the failure of several diversification attempted on this site.: France | AP  |
| 2006 | -500 | Internal restructuring: EADS is to restructures its loss-making maintenance unit Sogerma. EADS could close down Sogerma's main Bordeaux plant.: France | Reuters  |
| 2005 | -300 | Internal restructuring: Réorganisation des sites de sites Sogerma de Mérignac et de Rochefort. Son activité maintenance civile est concurrencée par les pays à faible coût de main d'œuvre. Le plan social touchera essentiellement des « cols blancs ».: France | Les Echos  |
| 2004 | -150 | Internal restructuring: AFP  | |
| 2002 | 103967 | |  |
| 2002 | -280 | |  |
| 2002 | -350 | |  |
| 2001 | 102967 | |  |
| 2000 | 88879 | |  |
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year | country : consequences source |
| 2006 | : EADS is charged by the norwegian Council of Ethics of manufacturing "particularly inhuman" weapons, especially lethal to civilians. | AFP  |
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year | country : description |
| 2005 | Fournit des composants utilisés pour la fabrication des bombes à fragmentation, des engins qui dispersent des sous-munitions dont l'explosion à retardement peut avoir des effets désastreux pour les populations civiles. | AFP  |
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| year | donator | country | amount | source |
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year | financial misdemeanor | sales | income | | | source |
| 2006 |
The EADS top management and some major shareholders are guilty of "a massive insider trading" and the State knew the situation, according to a "preliminary note" of the Authority of the financial markets (AFM). This document concludes to "a massive insider trading made between November 2005 and March 2006, before the difficulties of Airbus were made public and that the share of EADS broke down". "In addition to the Lagardere and DaimlerChrysler groups, represented by their owner Arnaud Lagardere and Manfred Bischoff, the people blamed are the main leaders of the aeronautical manufacturer." At EADS, the two COO, Noël Forgeard and Thomas Enders, as well as the delegated general manager, Paul Gut, were also informed. At Airbus, the COO, Gustav Humbert, general managers and members of the executive committee are also quoted. The AFM concentrated "on only the high leaders of EADS and Airbus, and the shareholders of the first, that is to say 21 people", whereas "1 200 initiates having sold more than 10 million titles (...) and having pocketed nearly 90 million euros of profit" had initially been flushed out. "14 of the 21 people had never sold shares before November 2005" what for the AFM is a "proof of the absence of confidence in the continuation and the progression of the share". |
| | | |   | | Le Monde  |
| 2006 |
From which moment did know one that the delays of the A380 plane-giant were going to be reflected on the courses of title EADS, and who in profited before that is not announced on June 13, making fall the course of 26%? More than 800 people sales carried out which cause interrogations. German framework of EADS of a unit concerned with the delays with the leaders of the company, of which François Auque, owner of EADS Space, Fabrice Brégier, current directing general of Airbus, Jussi Ittavuori, director of human resources of EADS, Jean-Paul Gut, directing general deputy of EADS, or Stefan Zoller, director of division defense. Noël Forgeard, ex-codirigeant group, and his/her children are also concerned. Just like shareholders, the Lagardere groups and DaimlerChrysler. Mr. Lagardere swears that it had announced, on April 4, 2006, the sale of 7,5% of the capital of EADS without being informed of the delays of A380. “Between the choice to pass for somebody of dishonest person or inefficient, I choose this second version”, it had declared in the World. The MFA is interested in the financial arrangement selected: Lagardere sold her titles at several banks, of which the Case of the deposits, which thus made bearing. What enabled him to touch the money of the sale without fearing the variations of the course assumed by the banks. According to lawyers', that could be connected with a “offence of initiate per operation of cover of market”. Justice is seized since November 20. Two judges inform ten complaints which show the leaders of EADS to be informed of the delays of the plane as of on March 7, at the time of a board of directors in Amsterdam. In addition, a lawyer specialized in the defense of the small carriers, Me Frédérik-Karel Canoy, affirms to have joined together nearly 200 plaintiffs to engage a civil procedure. |
| | | |   | | Le Monde  |
| 2006 |
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| 2005 |
| 34.21 | 1.68 | |   | billion Eu€ |  |
| 2004 |
| 31.76 | 1.03 | |   | billion Eu€ |  |
| 2003 |
| 30.13 | 0.15 | |   | billion Eu€ |  |
| 2002 |
| 29.9 | -0.3 | |   | billion Eu€ |  |
| 2001 |
| 30.8 | 1.37 | |   | billion US$ |  |
| 2000 |
| 24.21 | -0.91 | |   | billion US$ |  |
| 1999 |
| 22.55 | -1.05 | |   | billion US$ |  |
| 1998 |
| 20.58 | 1.19 | |   | billion Eu€ |  |
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