Printer Friendly

Antwerp Opel plant gets more time to seek rescue.

(ADPnews) - Mar 22, 2010 - The Antwerp-based plant of German carmaker Opel will not have to close at the end of June as previously announced, a spokesperson of trade union AVBB said on Monday.

General Motors gave traded unions more time to seek a new investor for the assembly unit of its subsidiary. The deadline for finding a solution was put off to end-2010, AVBB said.

General Motors has proposed earlier to operate the plant in a very reduced form, with only 400 of the 2,600 workers keeping their job. Trade unions did not agree and put forward the idea to keep open the facility until 2012 and look for an investor in the meantime.

COPYRIGHT 2010 AII Data Processing Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:ADP News Belgium
Date:Mar 22, 2010
Words:115
Previous Article:KBC Securities lifts Resilux target to EUR 60.
Next Article:KBC ups Duvel share target to EUR 65.
Topics:

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters