Opel steers a new course with E1 billion restructuring
Article Abstract:
German car manufacturer Adam Opel AG intends to cut its European production capacity by 15% and terminate thousands of jobs as part of a plan to return to profit in 2003. The restructuring will cost the company more than Euro1 billion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Opel chairman to unveil plan to turn around auto maker
Article Abstract:
Adam Opel AG will introduce a plan designed to turnaround the struggling auto maker. The plan will almost certainly entail employee layoffs and lower production capacity around the European region.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Opel now seeks an alternative to closing a plant
Article Abstract:
Adam Opel AG is now considering an alternative plan to shutting down one of its plants in Europe. The company is currently developing a major restructuring plan.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Comment about this article or add new information about this topic:
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