11 minutes agoNewCo Ferronikli's statement about developments in the factory in recent days
Periskopi(7 years ago)
(7 years ago)NewCo Ferronicity Company Management Completex The LLC, after organising the strike of workers that have resulted in the disruption of production, thus causing major losses to the company, feels obliged to clarify for broad opinion the actual situation. Appreciated the contribution of his employees, Management in collaboration with the Union of [...]
Appreciated the contribution of his employees, Management in collaboration with the NewCo Ferronikli Workers Union has made a decision that each employee should benefit from the planned bonus scheme. According to this scheme, employees each month, except for the salary they receive in order; extra bonus will be obtained. This will depend on each worker's performance and implementation of the scheduled monthly plan. We as management, are convinced that this will affect improving labor performance and productivity growth.
For company employees are valuable assets, so it has been constantly working on improving their conditions. NewCo Ferrnikli employees are offered working conditions with high international standards starting with equipment for protection at work, quality food at work, transport, medical care, laundry for working clothes, paying extra hours, getting paid off, and respecting all standards under the law of the Republic of Kosovo. For this reason, we want to stress that the workers' sole demand has been the increase in wages of 100 euros per employee and no other reason.
It is noteworthy that the average salary of NewCo Ferronikli employees is $550, while the lowest salary is $400.
Fortunately, after meetings held with the NewCo Ferronikli workers union and clarifying the situation, workers have returned to their jobs and production is continuing according to plan.
The NewCo Ferronikli management has compiled and will continue to submit proposals for wage growth in the format of allowing company recovery, without violating operational and financial performance, and will continue with better investments of workers and factory.
Additional data
The Balfin group took over the NewCo Ferrnikelli company about a year ago. The new management's first decision was to pay employees all outstanding back wages, which they had not received for several months without legal obligation.
The Balfin Group has injected millions of euros into investments to resume oven work and millions more euros are being planned for capital investments. More specifically in 2020 alone, NewCo Ferronikli is scheduled to invest over $20 million in technology, increased efficiency, improved production and labor conditions in factories, as well as job creation.
The management of NewCo Ferronikli and Balfin Group are working on long-term strategies for development of NewCo Ferrnikli, making it competitive with other factories in the world.
