The trade union of oil workers at Hungarian oil and gas company Mol Rt has announced a 72-hour strike in Százhalombatta, central Hungary and Tiszaújváros, northeast Hungary, starting on Tuesday, in the wake of unsuccessful talks concerning a pay-rise and other benefits.
The trade union demands a 7% pay-rise in 2006, as well as 1% of the company's net earnings to be distributed among workers. The employees also want a redundancy pay for dismissed workers equal to five Mol shares for each year in the company's employment.
The oil workers' union is one of three large organizations representing Mol's employees. Sándor Kántor, Mol's deputy director for public affairs, said earlier that the two other unions had come to an agreement with the company management.