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30 March 2017

LNE announces its return to financial equilibrium

The original institutional reform strategy adopted by LNE in 2016 has led to the laboratory's recent publication of record results. Staff participation by way of referendum on an agreement to restore financial equilibrium, while preserving employment, represents a first within a French public sector entity.

The original institutional reform strategy adopted by LNE in 2016 has led to the laboratory's recent publication of record results. Staff participation by way of referendum on an agreement to restore financial equilibrium, while preserving employment, represents a first within a French public sector entity.

Implemented in concert with labor union partners, the approach taken has yielded spectacular results for an institution that, after experiencing 3 years of substantial financial deficit, has witnessed a turnaround in operating profit from -€3.9 million to +€2.1 million, its highest level ever.

>> Read the press release