Audi spokeswoman Judit Mithay-Marko confirmed that a deal had been reached.

The strike of thousands of workers led to a halt in production at the German carmaker's local unit which contributes an estimated 1.4 percent to Hungary's gross domestic product.

The strike in Gyor also led to a shutdown at the home plant of Audi, member of the Volkswagen group, in Ingolstadt, Germany, due to a lack of vital components from Hungary just as engines.

Production will be gradually restored from Wednesday evening, Mithay-Marko told Reuters. She declined to immediately estimate the damage caused by strike to the company.

The deal includes an 18 percent, or minimum 75,000 forint (207 pounds) per month, wage increase in 2019, the union said.

The Hungarian Audi unit's $8.3 billion net revenue in 2017 was about 12 percent of Audi's global intake, company data shows.

(Reporting by Sandor Peto and Marton Dunai; Editing by Mark Potter and David Evans)