DECA townhall

Speakers

• Speaker 1 0:56
• Speaker 2 0:00
• Speaker 3 46:01

1. 0:00

   Chapter 1: so thank you very much first of all to adjust to the timing as this has been moved about one hour just yesterday so thank you for adjusting your agendas as we are here in Bucharest also with Mikhail and the rest of the team to work on the budget so we have to do some adjustment in the schedule So we will go through this downfall. 321s · Speaker 2

   so thank you very much first of all to adjust to the timing as this has been moved about one hour just yesterday so thank you for adjusting your agendas as we are here in Bucharest also with Mikhail and the rest of the team to work on the b…

2. 5:24

   Chapter 2: We have a deployment of strategic reserves all over the world, in the US, in Europe, in China, which, by the way, has looked like it has been preparing somehow for this because it has been accumulating reserves the last couple of years. 266s · Speaker 1

   We have a deployment of strategic reserves all over the world, in the US, in Europe, in China, which, by the way, has looked like it has been preparing somehow for this because it has been accumulating reserves the last couple of years. Gas…

3. 9:50

   Chapter 3: But finally, Europe is trying to put in place certain policies in order to reinforce their position. 309s · Speaker 2

   But finally, Europe is trying to put in place certain policies in order to reinforce their position. On the military side, you have heard a lot of proclaims of new investments and the percentage of GDP increase in terms of military spending…

4. 15:00

   Chapter 4: of course, oil and gas, but then raw materials, transportations, logistics, etc. 290s · Speaker 1

   of course, oil and gas, but then raw materials, transportations, logistics, etc. are all going up. And plus, I would say, the trade disputes are creating for us an extra cost because we need to reallocate volume. If before, I would say, one…

5. 19:51

   Chapter 5: In the last two months, there is a lot of people, we were commenting earlier, a lot of people. 308s · Speaker 2

   In the last two months, there is a lot of people, we were commenting earlier, a lot of people... a lot of money with these bets on trading. Please trade responsibly. Don't use your pension, man, for this. Apart from the jokes, guys, the sit…

6. 25:00

   Chapter 6: Today is important. 295s · Speaker 1

   Today is important. What are we doing there? Just to potentially anticipate some questions. We are looking at it case by case. We have a lot of material moving and transiting towards the Middle East in the last month, which had to be stoppe…

7. 29:55

   Chapter 7: and the geographical dispersion. 303s · Speaker 2

   and the geographical dispersion. and reach that our team has. You see that we have sales in all this perimeter. In next year budget, we will have additional dots as well in terms of countries. And again, I believe that you guys are doing a …

8. 35:01

   Chapter 8: from the client side the rest has been touching wood let's say under control and i see all the team much more focused on this this is very important again there is no rush and there is no project that is to be finished that is as important as doing it safely so and this message is of course The same for the other industrial facilities, but also for our service centers where we have material movements, machinery, etc. 292s · Speaker 1

   from the client side the rest has been touching wood let's say under control and i see all the team much more focused on this this is very important again there is no rush and there is no project that is to be finished that is as important …

9. 39:54

   Chapter 9: potentially capture more volume in the domestic market. 305s · Speaker 2

   potentially capture more volume in the domestic market. So I wanted to share with all of DECA these topics, which are a bit sensible, but I believe that for a matter of transparency and to avoid also that the messages pass through in an inc…

10. 45:00

    Chapter 10: about collaboration in these days and then recognition okay which we have improvers last time we are live with tenaris here no it's a mix i think of recognition reward salary etc makes a mixed bag in this concept that is a bit low across the company but i take the point and then we discuss with the different regional managers on what we can do better in this. 60s · Speaker 1

    about collaboration in these days and then recognition okay which we have improvers last time we are live with tenaris here no it's a mix i think of recognition reward salary etc makes a mixed bag in this concept that is a bit low across th…

11. 46:01

    Chapter 11: I'm going to community. 116s · Speaker 3

    I'm going to community. We have some case studies. May I give the word to Donna in the North Sea activities? Good afternoon everyone. So, following the previous survey, we took feedback from the local team and we started working on a volunt…

12. 47:58

    Chapter 12: We'll probably have more news on that in the next town hall. 46s · Speaker 1

    We'll probably have more news on that in the next town hall. Look forward to it. Look forward to your news, Donna. And thanks a lot to you and all the team participating actively in this type of activities. I think that, as I say, we shall …