Renault employees in Turkey resume work
Baku, Azerbaijan, May 27
By Rufiz Hafizoglu - Trend:
The employees of the branch of the French automobile company Renault in Turkey, who have been on strike since May 15, resumed their work today, on May 27, the Anadolu Agency reported.
Earlier, Jean-Christophe Kugler, Renault's senior vice president, chairman of Eurasia region, said that in case of continuation of the said strike, the company may review the size of its investments in the country.
As he said, the company is interested in cooperation with Turkey and considers the country's market as a promising one.
Earlier, the workers of two car manufacturers Tofas and Renault in Turkey went on strike.
During the period of strike, 5,000 Renault cars and over 3,000 Tofas cars weren't assembled in Turkey.
Turkey's Tofas announced on May 18 reducing of the cost of its shares by 4.42 percent.
Turkey ranks sixth in terms of car production in Europe with Ford, FIAT, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN brands assembled in Turkey.
Turkey also manufactures domestic buses, such as BMC, Temsa and Otokar.
As of 2014, Renault car sales in Turkey stood a 15.3 percent of the total sales volume.
Edited by CN
Follow the author on Twitter: @rhafizoglu