Business News

Revoz Scaling Down Production

Novo mesto, 04 May (STA) - A Renault-owned Slovenian car assembly plant will scale down production in response to problems in the supply of car electronics from Japan following the March earthquake and tsunami, Revoz announced on Wednesday.

The night shift at Revoz will be temporarily scrapped on 23 May and some 390 temps and 130 employees on fixed-term contracts will lose their jobs for the time being, the French-owned plant said.

It said that Renault had appointed a task force to introduce measures to stabilise the supply of electronics from the Sendai region following the earthquake and to secure operation of Renault plants across the world.

Since the measures are not sufficient for Revoz to keep up up the present scale of production, adjustments are necessary in the organisation of work, the release said.

Once the normal supply of automotive electronics is re-established, the plant can increase production and rehire staff.

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