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Opel plants get aid

19th October 2009
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The German government has called on Poland to help save Opel plants in Gliwice and Tychy. The overall bailout for Opel has been assessed at €4.5 (zł.18.8) billion, of which the Polish state would be asked to shoulder around €200 (zł.837.5) million.

Representatives of economy ministries of EU countries which host Opel plants were summoned to Berlin last week to discuss the matter. The idea was to come to an agreement on a plan to help Opel’s new investor, a consortium of Sberbank and Magna, to save as many jobs as possible.

The meeting in Berlin ended without any agreement, but Poland and Austria later agreed on unspecified aid commitments. Spanish unions were due to respond to the issue this Monday.

This November, production of the Astra IV model will be launched in Gliwice, where 95 percent of production is designated for export. Opel’s factories in Gliwice and Tychy employ around 3,500 people at the moment.


From Warsaw Business Journal by Marcin Poznań


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