Closing factories in Spain will cost Nissan 1.5 billion euros

Closing factories in Spain will cost Nissan 1.5 billion euros

June 2, 2020 0 By autotimesnews

The Japanese automaker estimated the cost of closing the factory in Barcelona at 1.5 billion euros, according to Reuters, citing a representative of the union employees of the plant.

Recall that in Spain Nissan dealerships are closed until further notice in accordance with special measures adopted by the Spanish authorities.

    “Our goal is to go through this crisis, supporting the activities necessary for business continuity, and ensure our preparedness for the moment when the business resumes in Europe,” the automaker said in a statement.

The cost of closing the plant is the main topic of discussion not only of trade unions, but also of the country’s authorities, who are confident that investing in the enterprise is much more profitable for the company than closing it.

Recall, Nissan announced a decision to close the enterprise at a large press conference on May 29, in the framework of which it revealed plans for business restructuring. In particular, it became known about the departure of the Datsun brand from the Russian market.