Strike looms over Hungary’s Mercedes factory

History

pixabay

Hungary’s Kecskemét-based Mercedes-Benz factory could be shaken by a strike, according to reports, as the Metalworkers’ Trade Union (Vasas) continues to demand a 15% wage rise, claiming they cannot accept a freezing of wage hikes for two years, according to a report by Hungarian news portal index.hu.

According to Vasas, the Democratic League of Independent Trade Unions (LIGA) is planning to agree with Mercedes-Benz Hungary on freezing wage hikes for two years, index.hu reported. 

The Hungarian news portal recalled that tensions have been growing in the Hungarian automotive industry, as the market has seen a serious labor shortage while workers have been underpaid. This spring the automotive industry was threatened by looming strikes, which were finally avoided.

A possible strike would not only hurt the firm itself, but Hungary’s economy as well, given that the country’s automotive industry is its main economic driver.

MNB Joins Capacity-building Alliance of Sustainable Investme... MNB

MNB Joins Capacity-building Alliance of Sustainable Investme...

EC to Propose Opening Excessive Deficit Procedure Against Hu... EU

EC to Propose Opening Excessive Deficit Procedure Against Hu...

Uni of Miskolc, CATL Debrecen Sign Cooperation Agreement Deals

Uni of Miskolc, CATL Debrecen Sign Cooperation Agreement

Int'l Travelers to Europe Prioritize Safety, Quality This Su... Tourism

Int'l Travelers to Europe Prioritize Safety, Quality This Su...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.