The staff at the Ford factory in Almussafes has ratified in a referendum the new collective bargaining agreement reached a few weeks ago by companies and unions.
This means that up to 2,000 new jobs could be created, thanks to the workload that production of the Kuga and Connect models will generate. Up to 985 of these jobs will be relief contracts following retirements. All new employees will be joining at a new wage scale which is lower than that of current employees.
The new agreement also includes a wage freeze for 2014, which over time will recover as a result of the planned CPI-based increments in the coming years.
Additionally, all temporary jobs will be transformed into permanent positions, ensuring the continuity of the partial early retirement programme and a reduction of the night work bonus in the third shift.
Negotiations for the implementation of the new collective bargaining agreement have been in motion since last December.
The European Investment Bank (EIB) has granted a EUR 200 million loan to Banco Popular for financing the investment projects of small and medium-sized businesses, mainly in the industry and service sectors. Read more