Syrian president visits Russia’s Khmeymim airbaseWorld June 27, 18:17
National Guard to complete assigned missions both in Russia and abroadMilitary & Defense June 27, 18:10
Key facts about St. Petersburg International Maritime Defense ShowMilitary & Defense June 27, 17:57
Rosneft, Mars and Nivea are among victims of massive cyber attack in RussiaBusiness & Economy June 27, 17:04
Russian anti-doping body working on future strategy planSport June 27, 17:01
Senator warns US could plot strike against Syria under pretext of alleged chemical attackRussian Politics & Diplomacy June 27, 16:16
Russian, Ukrainian companies' websites under massive cyber attackWorld June 27, 16:14
Seoul mayor presents his 'e-government' urban administration system to TASSWorld June 27, 15:35
Envoy says military dialogue may help ensure safety over Baltic SeaRussian Politics & Diplomacy June 27, 15:13
ST. PETERSBURG, November 1. /TASS/. The plant of Ford carmaker (Ford Motor Company) in the city of Vsevolzhsk of Leningrad region will halt production from November 14 until the end of New Year holidays, Artem Yashenkov, a representative of the plant’s trade union told TASS.
"The plant will halt production from November 14 until the end of New Year holidays," he said adding that the decision was taken following economic indicators and instability on the market.
Earlier it was reported that the plant will lay off 88 workers by mutual consent of the parties and plans to lay off 130 workers next year.
The Ford plant is a joint venture of Ford Motor Company and Russia’s Ford Sollers in Vsevolzhsk. It produces Focus and Mondeo models. In 2014, the plant switched to one-shift schedule. Also 700 workers were laid off by mutual consent of the parties. According to the Association of European Business (AEB) in 2014, sales of Ford Focus fell by 58% in comparison with 2013, sales of Ford Mondeo were down by 47%.
New Year holidays in Russia in 2017 will last from December 31 to January 8.