Suzuki halts production in Hungary due gas shortage

BUDAPEST Wed Jan 7, 2009 6:30am EST

Related Topics

BUDAPEST Jan 7 (Reuters) - The Hungarian unit of Japanese car maker Suzuki halted production on Wednesday after Hungary imposed restrictions on industrial users of gas, a Suzuki spokeswoman, Viktoria Ruska said.

Ruska was quoted as saying by the national news agency MTI that they expected to restart production on Monday.

Suzuki is one of Hungary's biggest exporters.

Russian gas imports via Ukraine to Hungary completely stopped on Tuesday and did not resume on Wednesday. (Reporting by Sandor Peto; Editing by Charles Dick)

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.