Wednesday, July 10, 2013

Fiat halts new investments pending clarity on labour law





Fiat will put new investments on hold until it gets a clearer idea of the impact of a court ruling that a portion of Italy’s labour rules are unconstitutional, its chief executive, Sergio Marchionne, said on Tuesday.


Italy’s constitutional court ruled last week that a clause in the country’s labour law from the 1970s allowing automaker Fiat to bar the Fiom metalworkers’ union from representing workers on its factory floor violated the constitution.









via Business feed http://www.scmp.com/business/companies/article/1279402/fiat-halts-new-investments-pending-clarity-labour-law

Labels: , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home