Gov't signs state-owned service provider wage rise plan

Government

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Hungary's government has signed an agreement that will raise wages at state-owned service providers by 15% over three years, minister in charge of managing state assets Andrea Mager said, according to a report by state news wire MTI.

The wage increase will cost the state HUF 152 bln in 2021-2023, Mager said.

The agreement is an acknowledgment of the "devoted work" of the employees of the National Waterworks, toll company NÚSZ, railway and bus group MÁV-Volán, regional railway GYSEV and postal company Magyar Posta over the past year and a half, she added.

The deal will raise railway workers' pay by 70% from 2016 levels by 2023, she said.

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