VW subsidiary: employees of Skoda receive twelve percent more money

Skoda

The vehicles of Skoda, the largest exporter of the Czech Republic, have become a bestseller in almost 30 years of belonging to Volkswagen.

(Photo: obs)

The employees of the Czech VW-Daughter Skoda get twelve percent more money. Union Kovo announced on Friday that it is accepting the latest offer from employers. This is a strike in one of the largest factories in the country averted.

Employees and employers had struggled for weeks for the conclusion. The car manufacturer initially offered around eight and later ten percent more. The unions had demanded a plus of 14 percent.

The financial statements are valid retroactively from 1 April and have a term of twelve months. Employees still have to agree to the offer, which is considered a formality. Skoda employs about 32,000 people in the Czech Republic.

The vehicles of Skoda, the largest exporter of the Czech Republic, are in the nearly 30 years of belonging to Volkswagen become a bestseller. Strikes are rather rare in the Czech Republic. The country’s economy is largely driven by the auto industry.

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To the business club

In the wake of strong economic growth over many years and the drop in unemployment to its lowest level in two decades, wages are rising in all areas and putting pressure on employers.

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