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Slovenia’s Gorenje Reaches Pay Deal, Net Salary Rises 25% to 540 Euro

Oct 2, 2009, 6:02:58 PMArticle by Valentina Dimitrievska
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LJUBLJANA (Slovenia), October 2 (SeeNews) – Slovenian household appliances manufacturer Gorenje d.d. said on Friday it reached a pay deal with its employees for a 25% increase of the net salary to 540 euro ($784) as of September 1 to reflect a rise in the volume of orders for its products.

Slovenia’s Gorenje Reaches Pay Deal, Net Salary Rises 25% to 540 Euro

As of 1 October, a pick-up in orders has prompted a decision to return to a 40-hour working week and because of this, employees will receive higher salaries, Gorenje’s Management Board said in a statement released on Thursday.

The pay dispute between the management board, and trade unions and employees disrupted Gorenje’s production for two days in September.

The working hours in Gorenje were shortened earlier this year due to the sluggish demand prompted by global economic downturn.

Gorenje’s workers will also get additional monthly payments of up to 90 euro from September to December aimed “to ease hardships that they have been enduring due to the current crisis”, the statement added.

Gorenje Group turned to a net loss of 18 million euro in the first half of 2009 from 8.151 million euro net profit a year earlier.

($= 0.6889 euro)

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