Romania’s automotive industry loses 124 million Euro per day for each shutdown day

Romania’s automotive industry, the engine of the national economy, loses about 124 million Euro per day due to production shutdowns caused by COVID-19 crisis, according to the Romanian Association of Automobile Manufacturers (ACAROM).

Renault’s Dacia plant, the largest industrial employer in Romania, temporarily stopped the activity between March 18 and April 5 due to the new coronavirus pandemic. Employees will be paid, according to the collective labor agreement, with 75% of the salary, Romania Insider reads.

Ford, which operates a car and engine factory in southern Romania, has announced that employees at the Craiova plant went into technical unemployment on March 19 for a few weeks, depending on the evolution of this pandemic, the restrictions imposed at national level constraints of working with suppliers, but also dealer stock needs. Ford Craiova employees will receive 78% of the salary.