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Strike Prompts EUR 22.4 Million Loss for Renault SA’s Romanian Carmaker Dacia-SeeNews - The Corporate Wire

Wednesday, 20 Mar 2013 08:00pm EDT 

SeeNews - The Corporate Wire reported that Renault SA's Romanian unit Dacia has halted its production on March 20, 2013 because of a strike, whose impact has been estimated at EUR 22.4 million (USD 28.9 million) for the carmaker. The daily output at the factory in Mioveni is 1,400 units, financial daily Ziarul Financiar reported. Despite the walkout, Dacia continues deliveries as it still meets demand through vehicles kept in stock. Dacia last suspended production for two days in January 2013 in order to avoid overproduction.