12/17/2008

Poland's car industry warns PM of possible crisis

Polish car makers have asked the prime minister to take steps to protect the domestic industry from a worldwide drop in demand, an industry representative said Tuesday.

Poland's Chamber of Automotive Industry head Roman Kantorski told The Associated Press that representatives of car dealerships and auto parts producers have written to Prime Minister Donald Tusk urging him to consider steps to cushion the sector against recession. They suggested government guarantees for bank credits and flexibility in saving specialized jobs.

Kantorski said the letter was a precautionary step, but acknowledged that some auto part makers are considering layoffs. He refused to say which firms might make cuts.

Some 97 percent of Poland's car production is exported to markets where demand is falling.
Source:The Associated Press

Etykiety: , , , , , , , , ,



Flights to Poland

Novea - Business in Poland