Jun 5, 2015
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Dacia to moderate wages, shed jobs and increase automation.
Car manufacturer Dacia, owned by French manufacturer Renault, has said it will have to moderate wages, shed jobs and increase automation in order to remain competitive. The car manufacturer, which recently opened a factory in Egypt, said that Romanian wages are too high, ignoring that labour costs are amongst the lowest in the EU. Dacia has been one of Renault’s bestselling brands, driving much of the company’s growth in recent years.
English: http://uatoday.tv/business/romania-s-dacia-to-shed-jobs-to-increase-competitiveness …
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.