"Renault has supported New Fabris, a supplier of machined aluminum and steel parts, since it was put into court-appointed receivership. This support took the form of significant cash advances in 2008 and 2009. Renault also contributed with the court-appointed administrator to attract offers from potential buyers."
"Unfortunately, none were in a position to include New Fabris in a group that was both competitive and durable Now that the company has been put into liquidation, Renault is prepared to buy the share of the parts inventory that had been produced for it, subject to their quality, quantity and on condition that the proceeds be used to supplement the indemnities of the employees."
Things reached the apex last week, when the GTC union decided the best way to make themselves heard is to resort to threats. The workers announced they are ready to blow up the plant if the two carmakers do not pay compensation after the factory was closed.
"Gas bottles have already been placed in various parts of the factory and are connected to each other. If Renault and PSA refuse to give us that money it could blow up before the end of the month," CGT union official Guy Eyermann told France Info radio.
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