Ford plants sell out - 1BiTv.com

Ford plants sell out

Ford plants in Russia will be sold at auction.


Ford plants sell out


American automaker Ford will sell its plants in the Leningrad region and Tatarstan at the auction, the head of the Ministry of Industry and Trade of Russia Denis Manturov told reporters.
"In Naberezhnye Chelny and in Vsevolozhsk, Ford fully repaid the loan to Vnesheconombank, so today the procedure for implementing these plants Ford will be carried out according to the existing procedure through bidding," reports Manturov.
Officially, the plant in Vsevolozhsk (Leningrad region) stops its work on Thursday, June 20th. The conveyor was stopped a few days ago. Most of the workers voluntarily leave with compensation. Total layoffs will affect more than 1,000 people.

In addition to the factories in Vsevolzhsk and Naberezhnye Chelny, the factory for the production of engines in the city of Yelabuga (Tatarstan) will be closed.
Plans for the closure of factories in Russia automaker announced in March of this year. Ford will stop production of passenger cars in Russia and focus on the light commercial vehicle market. To do this, there will be one enterprise in Tatarstan. Thus, the auto concern hopes to move to a more competitive business model.

As it became known in January of this year, the auto concern is planning to reorganize its business in Europe too. During this process, thousands of jobs will be cut and some factories closed. In particular, by September 2020, two factories in the UK will also close, more than 1.5 thousand people will be cut.

The reason for this decision were the problems associated with the tightening of legislation in European countries, as well as the uncertainty in the market caused by the upcoming Brexit.

Source: Russian newspaper


21.06.2019 12:36:00
(Automatic translation)






15.10.2019 06:56:34

Element

In Japan, the number of typhoon victims has reached 68 people.
14.10.2019 10:34:59

The mighty Russian ...

The most common mistakes of schoolchildren at the exam in the Russian language are named.
14.10.2019 10:30:01

Being late is not acceptable?

Irkutsk hockey players were not allowed on the flight due to a minute delay.
11.10.2019 09:54:50

The best cities of Russia

The most promising cities of Russia according to Forbes.
11.10.2019 09:51:39

Press market

The President of Ukraine held the first meeting with the media after the election.


Advertisement

Advertisement

Themes cloud

Israel devaluation private banking Kazakhstan monetary system snake Road accidents treachery nullification diabetes beer parturition rating control Tax Free baby soccer shoes WTO legate transfer offer Bocharov Creek monetary aggregate bank heir elections client paint monopolist song hotel testosterone Ukraine slavery cinema football counterfeit the tablet CIS aircraft bridge export Sochi FMCG tyranny credit staff S-300 finger Contract product co-packing Job food organization Greece head monometallism quasi-agreement a toy law UN tax regulations coffee timocracy delivery premise ATM action reward internet gold straw content emission agent Belarus music denomination CCTV arbitration court cargo pledge The Code of Justinian cession 3G transgender coin finance dictionary pharmaceuticals ban bite succession investment mark assassination attempt adoption bill apple compromising evidence medicines logistics liquidation real estate tort report a restaurant treaty theft test VAT security democracy will mortgage provider business bravery money supply mail reform fideicomass selling medicine ruble arson court Crimea economy derivative money issue mortgage investigation FIFA 2018 divorce policy smuggling IFRS Syria coffers murder easement pact child Iran architecture Germany Moscow lawyer gold-coin standard GLONASS theory Rome digitalization alcohol customs confiscation planning currency unit revaluation Submarine recreation Russia money legislation citizenship cargo transportation bimetallism freedom female seller accompanying a laptop crocodile marketing Colour channel extortion Kerch doctor a bag acceptance marriage Plato causa turnover philosophy oligarchy a family gas memorandum will jackpot mushrooms USA note dog cat air transportation car 4G China festival insulin order undeclared goods own juice Gazpromneft study live conference Olympic Games moderation LTE consultation justice dismissal Viber conversion Socrates QR Code import currency lottery Neurotechnology inheritance fraud exchange trade pension integration the death penalty Paralympic Games role Taxi dollar payment judge debt trademark drink rocket intellectual property poisoning shipping law sanctions

Persons

Companies


1BiTv.com   © 2011-2019    |    Privacy Policy    |   Created by Technologies for Business    |   en@1bitv.com