Safran Corporate University kicks off training program for purchasing staff

Grenoble, 14 September 2010

Safran Corporate University has started its training program for purchasing staff. The Safran group's in-house university will offer 16 training sessions, partly designed and led by the Grenoble Ecole de Management, one of Europe's leading business schools, and Cegos, a European leader in professional training. Through this new program, Safran seeks to provide a single set of training tools and a shared methodology for its 600 employees involved in the key area of purchasing.

As a complete training program intended for all purchasing staff in the Group, from beginners to experts, it will enable them to shape their own career and skills development path. It will also help Safran foster a common purchasing culture across the Group, to further enhance its organizational efficiency and overall performance in relation to suppliers.

"Through this new program, we aim to enhance the skills of all purchasing staff and enable them to meet upcoming challenges," said Xavier Dessemond, head of purchasing at Safran. "In particular, we want to recognize and validate this profession by setting up personalized training itineraries and give our staff access to a recognized certificate or degree (Management Master's in Purchasing, issued by the Grenoble Ecole de Management and Cegos). We also want to improve the operation of the purchasing network within our Group, for instance through pooled purchases, as well as by encouraging transfers to purchasing jobs."

Gilbert Font, head of Safran Corporate University, added: "This approach clearly reflects one of the core objectives of our university, which is to help develop the professional skills of our employees. Recently created, the Safran Corporate University aims to promote a corporate culture and shared values based on Safran' corporate identity. Its main objectives are to nurture leadership, develop specific skills, and ensure that the trainings provided match evolving needs."

* * *

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has 55,000 employees and generated sales exceeding 10.4 billion euros in 2009. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.1 billion euros in 2009. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

Grenoble Ecole de Management is one of the top 20 business schools in Europe. To develop its classes in purchasing, it calls on IRIMA, its research and innovation institute for purchasing management. IRIMA is a center of expertise, and forum for the purchasing profession, designed to foster discussions and increase knowledge, especially for the manufacturing, healthcare and retail industries.

The Cegos group, founded in 1926, is a world leader in professional training. Its expert consultants cover all areas of management and skills development, including human resources, leadership, performance, organization, individual and collective efficiency, sales and marketing, project management, etc., based on the deployment of large-scale training structures both in France and abroad. Cegos has 1,200 employees, and operates in 30 countries worldwide. www.cegos.com

Groupe Safran
Communications Department
2, bd du Général Martial Valin
75724 Paris Cedex 15 – France

Press Contact
Catherine MALEK
Tél. +33 (0)1 40 60 80 28
Mob. +33 (0)6 07 83 59 73
catherine.malek@safran.fr