All-Clear for Opel Site in Vienna

Published: February 21, 2012; 19:37 · (Vindobona)

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…

This article includes a total of 315 words.

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All-Clear for Opel Site in Vienna

Although the German automobile producer faces serious troubles, the Viennese factory is not endangered to cut jobs.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.