UIP 33rd Management Report 1982

Throughout history, only few periods, similar to the one we are experiencing, have been characterized by such an adverse and prolonged economic situation for the whole Europe.

This year, it is pointless to take up again the same comments we did in 1982 on the depressive state of the Western industrial sector: our mission is to transport commodities whose own crisis is, obligatorily, the prelude to our crisis.

The 1982 Management Report is available in both French and German.