Workers 'open' to Opel takeover


(MENAFN- The Peninsula)

Frankfurt: Unions and employee representatives of German carmaker Opel said Friday they are ready to play a "constructive" role in negotiations over a possible takeover by French carmaker PSA Peugeot Citroen.
Worker representatives "are ready to hold constructive talks in case of a sale of Opel/Vauxhall," the works council and powerful IG Metall metalworking union said in a joint statement.
But "our objective must be to seize the existing opportunities to safeguard employment and sites," said works council chairman Wolfgang Schaefer-Klug.
PSA, the parent company of France's Peugeot, Citroen and DS, has confirmed it is interested in taking over Opel, the German arm of US giant General Motors.
However, the plans have sparked fears in Germany that the potential new owner could cut German jobs that doubled up existing posts in France.
In their joint statement, the union and works called for "unequivocal recognition and implementation of existing agreements for all Opel/Vauxhall sites, in particular commitments on employment and investments".
Vauxhall is the brand used by Opel on its vehicles sold in Britain. Workers' calls to protect positions in Germany were matched by the government in Berlin yesterday.
Germany's federal and state governments "want to work closely together with the worker representatives and unions to maintain the sites, the jobs, the research centres and collective bargaining agreements," economy ministry senior official Matthias Machnig told business daily Handelsblatt.

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