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Today's paper. Last Updated: 05/30/2012

AvtoVAZ to Reopen

MOSCOW () -- AvtoVAZ, one of Russia's biggest carmakers, will reopen next week after seven days of stoppages because of pay arrears, Itar-Tass on Friday quoted the plant's chief executive as saying.


Vladimir Kadannikov said the plant's main assembly line would probably resume work on October 10. "Preparatory work is already going on," Tass quoted him as saying.


The decision to temporarily shut the plant and send workers on compulsory leave was taken earlier this week in response to a strike launched by about 2,000 out of a total of 10,000 workers.


Workers have not been paid for two months and are owed about 70 billion rubles ($25 million) by the plant. Kadannikov said the plant would start paying salary arrears Friday.







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