Home News UPDATE2: Opel Antwerp plant closes

UPDATE2: Opel Antwerp plant closes

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By Nico Schmidt and Alessandro Torello
DOW JONES NEWSWIRES 


FRANKFURT / BRUSSELS (Dow Jones) – General Motors is in the course Opel expects the reorganization as the plant in Antwerp, Belgium close. The production will be adjusted in the course of 2010, said Opel CEO Nick Reilly said Thursday. Named as the possible appointment of Manager mid-year. Further factory closures are made do not expect today’s perspective.

Reilly said the decision was not easy. The Closure of Antwerp, but they were a "necessary step" in the Towards reconstruction of Opel and was reflected "the harsh reality the current business situation, "reflected, so the manager with a view of the expected weakness of the Western European Car market this year. The choice fell on Antwerp, since there produced cars could also be manufactured at other locations.

Currently 2,600 people work in the Antwerp plant, which is approximately 5% of the Opel / Vauxhall workers in Europe. The plant are various models of the Astra range – including the And the three-door convertible – manufactured. 2009 were there, 88,873 cars produced.

The Antwerp plant is already there for a long time Disposition. In the short version of the Opel’s restructuring plan ( "Viability Plan VI ") was the closure of the site in the first Half of 2010 the question. The production of the Astra is therefore to Bochum been relocated.

Ganz had engaged in Antwerp Opelaner the But not yet given up hope: The new management had always stressed to search for alternatives to a closure. Let hard, but unsuccessfully been worked out, a different solution find for the site, said Reilly now. The cost of the planned Plant closing, he expressed no view. Opel wanted to try a Buyer for the site located in Antwerp.

The capacity of its sister brand Opel and Vauxhall will decrease according to the will of GM by about one fifth. These are around 8,300 jobs will be eliminated, about 4,000 of them in Germany. The Employee representatives to the joint works council head Klaus Franz had several made clear to factory closures and redundancies unacceptable.

The closure of Antwerp could thus new Difficulties in the already faltering negotiations between the management and lead to the employee representatives. The new Opel Managing Director Nick Reilly calls for a reorganization of the Opelanern contribution of 265 million EUR per Year. In return, the employees to demand in addition to the waiver Layoffs and plant closures, involved in the new company being, and greater participation by Conversion of Adam Opel GmbH, a joint stock company (AG).

On Thursday, Reilly announced further details on Opel announce restructuring "soon". Hitherto the Manager submitting the final restructuring plan for late January promised.

   

Websites: www.opel.de

-By Nico Schmidt and Alessandro Torello, Dow Jones Newswires
+49 (0) 69 - 29725 114, nico.schmidt @ dowjones.com

DJG / ncs / brb
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(END) Dow Jones Newswires

January 21, 2010 06:59 ET (11:59 GMT)

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