The Traderszone Network

Published in TZ Latest News 24 May, 2015 by The TZ Newswire Staff

Renault in Turkey offers concessions to striking workers

The Turkish arm of French carmaker Renault (RENA.PA) on Saturday offered concessions including a cash lump sum to striking workers if they return to work. Production at the company’s joint venture Oyak Renault has been halted for a week in a dispute with workers over pay and working conditions, which has also affected other producers in the northwest city of Bursa, including Tofas (TOASO.IS) and Ford (F.N) unit Ford Otosan (FROTO.IS).

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