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French Press: Dacia Renault already lost 150 million euro due to the general strike

de A.C.
Joi, 10 aprilie 2008, 17:31 English | Business

French newspapers read that Renault's factory in Romania, Automobile Dacia, has already lost over 150 million euro due to the general strike of some of its employees which today reached its fourteenth day, reads. Renault  initially planned to produce some 320,000 Logan and Sandero units but due to the strike, the plan is now 15,000 Logan models less. Autoplus notes that due to the general strike, only some dozens of cars are produced as compared to 1300 cars/day in normal conditions.

Thomsom Financial, quoting English experts reads that Dacia's general strike will not affect the financial results of the Renault group in the first quarter, but it will affect it in the second one. Les Echos wrote on Monday that the conflict might affect the global plan Renault initially set up.

A local court ruled yesterday that the employees' general strike is legal and thus the strike continues, as union leaders argue they will not cease the strike until their demands are met. Moreover, French newspaper Liberation reads that the strike seems endless while Le Monde informs that protesters seem to understand that their factory is essential for Renault.

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