Dinkić strikes deal with public enterprise unions

Economy Minister Mlađan Dinkić has offered public enterprise trade unions 2.5% of those companies’ shares.

Izvor: B92

Tuesday, 27.11.2007.

10:00

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Economy Minister Mladjan Dinkic has offered public enterprise trade unions 2.5% of those companies’ shares. Dinkic offered the shares in addition to the 15 percent free share offer to be distributed among all the nation's adult citizens. Dinkic strikes deal with public enterprise unions The minister explained that those employees who did not want shares could receive a financial bonus that had been determined for each company. “We’re giving employees and former employees in the public enterprises the option to select one of two possible solutions. One is to receive free shares totaling 2.5 percent, and to a value of no less than EUR 200 per working year. The other option is a one-off bonus payment to be made after the privatizations have gone through. The bonus varies from company to company,“ he said. Aleksandar Pavlovic, a representative from the Confederation of Public Enterprise Trade Unions, did not wish to say whether the unions would accept the proposal, though he said it was an improvement on previous offers. “We’ve received an amended offer that follows existing law for the most part. I don’t want to make any comment yet, we’ll let our organs do that. The offer is better than before, the percentages are a bit confusing, but we have time until Monday to consult ministers before it gets passed on to the government,“ said Pavlovic. The unions have announced that all their members have ended their strike, except the oil company NIS, who have announced another protest at the weekend. Mladjan Dinkic (FoNet, archive)

Dinkić strikes deal with public enterprise unions

The minister explained that those employees who did not want shares could receive a financial bonus that had been determined for each company.

“We’re giving employees and former employees in the public enterprises the option to select one of two possible solutions. One is to receive free shares totaling 2.5 percent, and to a value of no less than EUR 200 per working year. The other option is a one-off bonus payment to be made after the privatizations have gone through. The bonus varies from company to company,“ he said.

Aleksandar Pavlović, a representative from the Confederation of Public Enterprise Trade Unions, did not wish to say whether the unions would accept the proposal, though he said it was an improvement on previous offers.

“We’ve received an amended offer that follows existing law for the most part. I don’t want to make any comment yet, we’ll let our organs do that. The offer is better than before, the percentages are a bit confusing, but we have time until Monday to consult ministers before it gets passed on to the government,“ said Pavlović.

The unions have announced that all their members have ended their strike, except the oil company NIS, who have announced another protest at the weekend.

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