World News Report

Home » Business » French-Romanian carmaker resumes production

French-Romanian carmaker resumes production



BUCHAREST, Romania (AP) – French-Romanian carmaker Dacia resumed production Monday after a month-long halt due to tumbling sales blamed on the global economic crisis.
Dacia management says that car building will be at 80 percent of the level before the shutdown at the factory in Mioveni, some 60 miles (100 kilometers) northwest of the capital Bucharest.
Union leaders said they will organize a protest in the town on Tuesday to demand that jobs in the car industry are protected. The company owned by French Renault SA employs about 14,000 workers. The company said the economic crisis led to a 50 percent drop in cars sales in Romania in November 2008 compared to the year before. Renault SA has invested euro1 billion ($1.28 billion) in Dacia since buying it in 1998.

About This Post
Posted by admin on Jan 13th, 2009 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response via following comment form or trackback to this entry from your site

Leave a Reply