Spain Not Planning To Attend German Government Meet On Opel Friday
09 October 2009 - 5:48PM
Dow Jones News
Spain is not planning to attend a meeting Friday in Berlin for
countries with Adam Opel GmbH manufacturing plants called by
Germany, a Spanish official said.
The official said Spanish Industry Minister Miguel Sebastian
will be traveling to Berlin Friday, but is planning to meet only
with representatives of Magna International Inc. (MGA), the
Austrian-Canadian auto parts maker that is leading a consortium to
take over Opel.
While Germany has favored Magna's takeover of the troubled
European unit of General Motors Co., it has been opposed by Spain
because of its expected impact on Opel jobs in Spain. The Opel
plant in Figueruelas, Spain, employs 7,500 workers.
-By Bernd Radowitz and Jonathan House, Dow Jones Newswires; +34
91 395 8120; jonathan.house@dowjones.com