The Management Board of HT-Hrvatske telekomunikacije d.d., has today signed a Social Partnership Agreement for 2010 with the Croatian Telecommunications Trade Union (HST) and Republic Trade Union of Croatian Workers (RSRH).
Under the Agreement, the signatories confirm that the Surplus Management Program will not be implemented by HT – Hrvatske telekomunikacije d.d. in 2010.
The existing Collective Agreement, which regulates the current level of salaries and material rights, will be extended to the end of 2010.
The Group expects that the Surplus Management Program will continue in 2011, for which it intends to make a redundancy provision in the final quarter of 2009.
Ivica Mudrinić, President of the Management Board and Chief Executive, said:
“All parties have signed this agreement in a spirit of social partnership, given the high level of unemployment in Croatia and the economic challenges facing all of us.”