“We are proud that our company group did not only survive the crisis of metallurgy, but managed to get on a growth course, completing technological developments, and investments,” says Evgeny Tankhilevich, company head at ISD Dunaferr Zrt.
“The 5,000 professionals working at the Dunaferr group played a key role in this, persevering in harder times, and working hard to prove that steel production in Hungary has a promising future, not only a glorious past.”
Tankhilevich also notes that the company aims at maintaining its competitiveness on the job market, in accordance with the companyʼs long-term plans.
The firmʼs production volume goal for 2019 is a record two million tons, and is accompanied by targets for reaching a broad range of quality criteria, making penetration into new steel market segments possible.
The elements of the collective wage contract signed include a HUF 25,000 per month increase for every worker, alongside a 6.25% differentiated wage development. The employer is also set to compensate for extra expenses related to income tax changes with fringe benefits. These will also increase by 13%, in line with wage increases.
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