Turkish metal employers' association, union reach agreement after lockout -Anadolu

Karsan Otomotiv Sanayii ve Ticaret AS

29/01/2020 06:39

ANKARA, Jan 29 (Reuters) - The Turkish Employers Association
of Metal Industries (MESS) and Turkish Metal Union agreed on a
collective bargaining agreement, the state-run Anadolu news
agency said on Wednesday, following a lockout decision last
week. 
    The companies that are members of MESS constitute around a
quarter of the Turkish manufacturing sector's revenue and
contribute $30 billion a year to its economy, according to a
MESS report. 
    Turkish companies Arcelik  ARCLK.IS , Aygaz  AYGAZ.IS , Ford
Otosan  FROTO.IS , Karsan  KARSN.IS , Otokar  OTKAR.IS , Tofas
 TOASO.IS  and Turk Traktor  TTRAK.IS  reported last week that
the Turkish Metal Union had decided on a strike at their
businesses.  urn:newsml:reuters.com:*:nL8N29R137 
    Anadolu said the collective bargaining agreement concerned
around 200 businesses and 130,000 employees. Under the agreement
wages will rise 18.49% in the first six months and 25.50% over
the first year in total, Anadolu said. 
    The collective agreement was to cover wages for 2019 to
2021, but further details were not yet available.     

 (Reporting by Tuvan Gumrukcu; Editing by Tom Hogue)
 ((tuvan.gumrukcu@tr.com; +90 312 292 7021; @tuvangumrukcu;
Reuters Messaging:
tuvan.gumrukcu.thomsonreuters.com@reuters.net))