2024-02-27 20:53:00
As a result of the sharp drop in sales, The Acindar steel group announced that it will paralyze its manufacturing plants throughout the country between March 18 and April 15, a measure to which other firms might also join, according to reports.
«We knew that a difficult year was coming, but the fall is much greater than what we project“said the director of Institutional Relations of the industrial group, Facundo Velasco, who also mentioned that”In the 20 years that I have worked in the company, there has never been a similar collapse.«.
In contact with Radio 2 of Rosario, the manager pointed out that during the period of stoppage, The company will give unused vacations, compensatory francs and will send personnel to be trained in security.
According to Acindar sources, the decline in sales during the last period was «between 35 and 40 percent»which accelerated the decision to stop production starting next month.
The group, one of the largest in the country, owns the Villa Constitución steel mill in the province of Santa Fe, industrial facilities in Rosario and production plants in Buenos Aires (La Tablada) and San Luis (Villa Mercedes).
Velasco specified that all the plants «They will stop for the same amount of time and then the particular situations will be monitored.“, although he did not rule out that “the paralysis of activity might extend beyond April.”
Focus on the paralysis of its plants: “It is a general situation in the country”
Regarding the marked drop in sales, Velasco said that “It is a general situation of the country“, which is beyond the capabilities of the company.” And he specified: “Demand from industry and construction fell very sharply.”
The manager clarified that the group’s objective “is to take care of the sustainability of the business and employment of our people; we stop producing to accommodate the stock level to the lower current and projected sales.”
“The company has a plan to increase exports, but sales abroad are not enough to compensate for the decline in the domestic market”term.
Source: Télam
After Acindar, other companies would also analyze stopping production
National media indicated this Tuesday that other firmss might also accompany Acindar’s decision and apply, at least, a “reduced duties” plan in the coming weeks.
At the cessation of production, Firms would choose to implement vacation advancesa product of the brake on economic activity.
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