SOCIETY

BUSINESS: 477 PRACTICES


TOPIC:

Initiative

Entrepreneurship and employment

Entrepreneurship and employment
SUBMITTED FROM:

Corinth Pipeworks

Corinth Pipeworks is a world leading manufacturer of steel pipes and hollow sections to the oil, gas and construction sectors.

 

Read more:  www.cpw.gr


Contact

Objective Action

Local development, increase employment and improve the quality of life of residents of areas adjacent to Thisvi plant premises.

 

Target Audience

Local communities near Thisvi plant facilities.

 

Duration

Constant


Description

Corinth Pipeworks contributes dynamically to the development of the local economy by:

• supporting the local labor market, based on its decision to employ the people, whose vast majority come from the local communities,
• collaborating with local suppliers given that the demand for services or/and products can be met by the local marketplace.

In particular, the following figures were recorded per sector in 2013:

Employment at Local Communities:
The company has a positive effect on the local labor market, employing 340 individuals from the local community which represents a percentage of 86.5% of the total personnel in 2013 while the remaining 13.5% comes from Attica. The same high percentage found in previous years 86.8% (2012), 88% (2011).

Supporting Local Suppliers: Corinht Pipeworks reinforces local entrepreneurship by collaborating with local suppliers and contractors who operate nearby Thisvi plant locations. The Company’s policy is focused on selecting suppliers and contractors who operate around Thisvi plant or within Regional Unit of Viotia in cases when the project or supplies may be implemented / covered by a local partner under the same other conditions. Specifically, in 2013, a number of 148 out of 1,007 active suppliers of the company were based in the local market.


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Impact on Society

Local employment: 86.5% of employees come from local communities.
Local suppliers: collaboration with 148 local suppliers.



Initiative Location

Local communities.


Working with Organization

Implemented solely by the Company.


Workers Participation

Employees are the core of the Company's actions. In this case is the link and the key success factor.


Benefits for Οrganization

Enhance corporate reputation and good cooperation with local communities.




Connection with Global Goals



No Connection with Global Goals found





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