Slovenian appliance maker Gorenje reached a wage deal with employees, averting a possible strike, and returned to full production on Oct. 1 after securing fresh orders, according to a Bloomberg report.
The company, which exports 93% of its production, had cut working hours at the start of the year due to lower demand, the report said.
Gorenje said it would raise the minimum wage in the firm to €540 (approx. US$789) net from Sept. 1, up from €432 ($629) previously. Employees will also get special bonuses of up to €90 ($131) per month from September to December.
Workers in production, who held a two-day strike in September demanding higher wages, had threatened to start another strike next week unless a wage deal was reached by then, the report said.