Previous || Home || Next
 
Title: Spain Opel workers protest Magna: media
) acquisition of 55 percent of General Motors' Opel, Spanish media reported.

Talks between European unions and representatives from General Motors and Magna are due to start next week over plans to cut some 10,000 jobs at Opel in Europe.

The protesters included employees from Opel's plant in Figueruelas, Zaragoza, as well as local politicians and business and unions representatives, national radio said.

Spanish television carried scenes of protesters with placards carrying messages of support for the workers at the Figueruelas plant.

The closure of part of production at the Figueruelas plant would mean the loss of 1,700 jobs there, as well as a further 800 in auxiliary industries.

The President of the Aragon region said his government would not accept any decision to close the plant and relocate production.

"We will fight tooth and nail to defend every job at the plant," Marcelino Iglesias told journalists in Madrid.

On Tuesday, the government said it dislikes what it has seen of Magna's plan to buy Opel but would back a European solution which guaranteed the future of the Figueruelas plant.

(Reporting by Judy MacInnes; editing by Marguerita Choy)


Full article
 
Other article:
Ex-M.Stanley HK banker gets 7 years for insider trading
Worst is over for world economy: Morgan Stanley CEO
Citadel offered lenders debt for equity: report
Google revamps DoubleClick exchange
3 zimmer wohnung mieten

Tag site

prepaid phone cards
World News Mergers & Acquisitions Private Capital
Economic Global Markets
Deals Deals