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All-Clear for Opel Site in Vienna
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Although the German automobile producer faces serious troubles, the Viennese factory is not endangered to cut jobs.
All-Clear for Opel Site in Vienna / Picture: © Adam Opel AG
The German headquarter of Opel announced losses of € 462m for the business year 2011. As the automobile industry recorded high profits last year, this is regarded as abnormal.
As a result, the subsidiary of the General Motors may face radical cost-cut programs again. “Opel is under enormous cost pressure. The capacities are much too high. Of course, this also affects the site…
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