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South Korean provider axing a Serbian plant – Auto Information by Automobilnews.eu

South Korean provider axing a Serbian plant


Yura Shinwon is ending manufacturing of wiring harnesses at its Nis manufacturing unit in Serbia on account of a big lack of enterprise, serbianmonitor.com reported, citing the Beta information company.

The announcement, mentioned to have been pinned on the manufacturing unit’s noticeboard, didn’t point out the variety of employees who will lose their jobs.

Workers informed the information company 264 full-time staff can have the chance to proceed working, whereas virtually 400 employees with fixed-term contracts will lose their jobs.


“Staff with fixed-terms job contracts have till 11 September to declare whether or not they need to transfer to work within the second Yura plant. Those that settle for will signal an annex to the contract and proceed working for a set interval of six months, whereas those that refuse will lose their jobs,” a employee who wished to stay nameless was quoted as saying.

Staff who refused to alter crops had been informed they’d be left with out redundancy compensation because the employer had the best to take action beneath present labour legislation.

“The discover mentioned the plant would shut on 30 September and this took us all unexpectedly. The employees who’ve a fixed-term job contract are actually fearful; they surprise if they may be capable to discover one other job rapidly as a result of they’ve households to feed and plenty of have financial institution loans to pay,” mentioned the identical employee.

The administration of the South Korean firm didn’t need to remark additional in regards to the manufacturing unit’s future and the dismissal of the employees, serbianmonitor.com mentioned.

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South Korean provider axing a Serbian plant – Auto Information by Automobilnews.eu
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