Germany's Leoni To Close Plant S Romania, 200 Jobs Cut

Publish date: 14-01-2009
  • Bookmark & Share

German auto wiring systems maker Leoni, a supplier for Dacia automaker, will close down one of its four plants in Romania, namely the plant in southern Mioveni, near the Dacia factory, due to lower demand, the company said Tuesday.

Thus, over 200 employees will lose their jobs.

"The process to close down the plant is seen ending in June 2009. By then, production, which already plummeted in December and ceased at yearend, would not be resumed. Once with the factory's closedown, around 230 employees would be sent home according to the collective layoff plan," the company said Tuesday.

The employees with Leoni plant in Mioveni will not be transferred to any of the group's plants.

Also, Leoni's other plant in Pitesti will adjust the production to the low demand by temporarily cutting staff.

Leoni group is the largest European wiring systems maker with a 24% market share. Leoni ranks 4th worldwide, with a 9% market share.

In Romania, Leoni has four production plants in Bistrita, Mioveni, Arad, and Pitesti.

Dacia representatives said Tuesday the company has financially helped its spare parts providers by making advance payments and pre-ordering products but it could no longer continue, on having to protect its own financial status.


Avem nevoie de acceptul tău!
Partenerii noștri folosesc cookie-uri pentru personalizarea și măsurarea anunțurilor. Prin acceptarea cookie-urilor, anunțurile afișate vor fi mai relevante pentru tine. Îți mulțumim pentru accept și te informăm că îți poți schimba oricând opțiunea în Politica de Cookie.