The Automobile manufacturer “Zagroskhodro” in the city of Boroujerd has been closed due to the increasing financial problems and 400 workers were laid off with three months of unpaid wages.
Job cuts at Zagroskhodro began early this year.
The Job in this factory during the last 14 years consisted of assembling of cars without any particular technology and adding any technological value to the industry of the country. The experts evaluate the machinery in this factory as outdated and non-economical.
Zagrosskhoro Company located in the city of Borujerd of Lorestan province was established 1996 by private sector and is cooperation with Proton of Malaysia.