Bloomberg News

Slovenia’s Renault Unit Will Reduce Shifts as Orders Decline

March 15, 2012

Revoz d.d., the Slovenian unit of French carmaker Renault SA (RNO), will stop its night shift beginning next month as orders in Europe decline.

“Because the situation on the markets shows no signs of improvement, we are forced to adopt additional measures to adapt our output,” the Novo mesto, Slovenia-based company said in an e-mailed statement. “We have seen orders decline in the past months following a significant drop in the European markets.”

Revoz, which is Slovenia’s biggest exporter, introduced the night shift in 2007, when it started producing the Twingo model. The shift will stop on April 26, it said. The plant also makes the Clio II and Wind Coupe Roadster.

To contact the reporter on this story: Boris Cerni in Ljubljana at bcerni@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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