Akron OAO : New Acron Collective Agreement is Signed

12/27/2011

On December 27, Acron's CEO Vladimir Kunitsky and primary trade union chair Alexander Malushin signed a new collective agreement for Acron.

In the course of negotiations, a specially organised commission comprised of the front office and the trade union members approved a draft of a three-year collective agreement to replace the previous agreement expiring on January 1, 2012. According to Kunitsky, this timely approval of the agreement is a breakthrough in business relations between the company's executives and the trade union. "Both parties did their best to strike a compromise in key issues. On the one hand, the trade union took a strong stand; on the other hand, it has used constructive approach to the administration's proposals. None of the questions raised by the trade union was overlooked by the administration.

Acron's collective agreement is based on the principal provisions of Acron Group target Fair Work Programme, which regulates the corporate social support policies. Primarily the Fair Work Programme is focused on developing a fundamentally new system of relationships with employees and protecting their rights and interests. We expect that trade unions will work hard and efficiently, - noted Vladimir Kunitsky. "Only through joint efforts of the personnel and administration can we solve social and operational tasks set forth in the agreement.

As Malushin noted, the execution of the agreement makes Acron's employees feel confident about the future. "The administration has done even more for the employees than required by the agreement, and I hope it will continue doing it, stressed Malushin. "However, it is the existence of this document that guarantees stability for the Company's employees.