Car factory workers block key motorway in Serbia capital

By AP News

Share:

BELGRADE, Serbia (AP) — Dozens of Serbian car factory workers on Wednesday blocked a key motorway in the capital Belgrade to protest layoff and relocation plans.

BELGRADE, Serbia (AP) — Dozens of Serbian car factory workers on Wednesday blocked a key motorway in the capital Belgrade to protest layoff and relocation plans.

The workers traveled from the central town of Kragujevac, where the plant is located, to Belgrade, saying they wanted better severance deals for employees who are to lose their jobs or get transferred to other factories in Europe.

Fiat Chrysler Automobiles (FCA) Serbia is 33% owned by the government of Serbia. The plant in Kragujevac has employed some 2,000 workers but the company recently announced it will temporarily shut down pending planned production there of electric cars from 2024.

Fiat Chrysler Automobiles merged last year with French auto manufacturer Groupe PSA to create Stellantis.

The workers in Serbia have been offered severance and transfers but they said the deal wasn't good enough, and demanded that the government help negotiate a better one.

The protest on Wednesday snarled traffic in the Serbian capital during a busy part of the day. The blocked motorway leads to one of the bridges over the Sava river connecting two parts of the city.

A workers' union leader, Zoran Miljkovic said protesters most of all want to “work in our factory.”

“If that is not possible we demand better severance deals or transfer to other companies in Kragujevac,” said Miljkovic. “It is not our fault that we are in this situation.”

Share:

In this article:

Industries:
Consumer Discretionary
Information Technology

Author: AP News

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Originally published by Associated Press Valuethemarkets.com, Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above.

Sign up for VTM Updates

Form submitted successfully!

Top Picks for Q2 2022

View More

Crypto Corner

Learn your NFTs from your BTCs