27.10.2015 - Public Disclosures

As a result of the negotiations made between Turkish Technic and Çelik-İş Union, 5th Collective Bargaining Agreement has been signed, regarding 5500 employees, covering 3 year period starting from 1 July 2015.

According to the Agreement, the wage increase for the second half of 2015 will be 7% ,for the first half 2016 will be 5% and for the following periods, it will be equal to inflation rate of relevant period plus rate of 0.5%. Apart from this, the monthly-paid social aid will increase from 390.-TL to 485.-TL for the first year, from 485.-TL to 550.-TL for the second year and from 550.-TL to 615.-TL for the third year. A onetime gross payment of 1.550.-TL will be made to the unionized staff.