Economy

Trade unions reject wage hike offer by Hungary's Mol

February 15, 2019, 1:13 pm    
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Trade unions have said no to the wage hike proposal of Hungarian fuel group Mol for 2019 and 2020, about which they have informed the company at the start of this week, László Kovács, President of the Oil Industry Trade Union, told local news portal index.hu on Friday.


The parties agreed that Mol will provide information about the resumption of wage talks by Monday. If the negotiations are put on hold, or the wage hike recommendation is turned down, a strike committee will be formed on the first day of the week, said Kovács.

When asked about the demands and the company’s offer, he replied that in consideration of the ongoing talks he does not wish to disclose details. Four trade unions take part in the wage negotiations, the Mol Mining Trade Union, the Mol Chemist Trade Union, the Oil Industry Trade Union, and the Oil Branch Trade Union. (Interesting fact: the name of the latter trade union in Hungarian is Olajág

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