PARIS, July 12 Workers at collapsed French car
parts maker New Fabris threatened on Sunday to blow up their
factory if they did not receive payouts by July 31 from auto
groups Renault and Peugeot to compensate for their lost jobs.
New Fabris was declared in liquidation in April, so the
workers stand to get no redundancy money, although they are
entitled to draw state unemployment benefit.
They want Renault SA (RENA.PA) and PSA Peugeot Citroen
(PEUP.PA) to pay 30,000 euros ($41,800) for each of the 336
staff at the factory, or some 10 million euros in total, in
return for its remaining stocks of equipment and machinery.
"The bottles of gas have already been placed at various
parts of the factory and are connected with each other," CGT
trades union official Guy Eyermann told France Info radio.
"If Renault and PSA refuse to give us that money it could
blow up before the end of the month," he added
A delegation of the workers has a meeting on Thursday with
Renault, which had no immediate comment. Police also declined to
comment on the threat by the workers, who are occupying the New
Fabris factory at Chatellerault, near Poitiers in central
The company is the successor to Fabris, founded in 1947 and
put into liquidiation in 2007. It was later acquired by ZEN of
Italy which is headed by Florindo Garro. ZEN SpA, based in
Albignasego near Padua, makes cast iron parts for vehicles.
Garro controls other metal firms in France such as Rencast
and SBFM that also have financial difficulties.
Some French workers have adopted militant tactics in the
economic crisis, including "bossnappings" where managers have
been held hostage in their offices.
(Reporting by Gerard Bon and Marcel Michelson, editing by Mark