European Company Cancels Factory Construction in Italy and Germany

A European battery manufacturer has cancelled plans for two large factories in Italy and Germany, causing concern among unions and authorities.

European automotive battery manufacturer «Automotive Sales» announced the cancellation of plans to build two large factories in Italy and Germany, according to the Italian Metalworkers' Union on Saturday. This decision may have serious consequences for the automotive industry in both countries. The union expressed concern over the loss of thousands of potential jobs. Authorities in Italy and Germany have already begun negotiations with the company to clarify the reasons for the project's cancellation.

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