Baltic NEWS in UK » estonia railways http://www.balticnews.co.uk The Latest News from and around the Baltic Region brought to the UK to bring awareness and encourage International Business Development, Investment & Trade. Tue, 18 Nov 2014 09:29:42 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Estonian Wage Increase Reflect Upward Trend for 2011 http://www.balticnews.co.uk/estonian-wage-increase-reflect-upward-trend-for-2011/11799 http://www.balticnews.co.uk/estonian-wage-increase-reflect-upward-trend-for-2011/11799#comments Wed, 27 Apr 2011 12:29:07 +0000 Joanna - Baltic NEWS in UK http://www.balticnews.co.uk/?p=799 Estonia shows concrete signs of an up turn as two state owned giants agreed to wage increases.

Estonia Railways, who have recently signed a cooperation agreement with global Chinese Logistic company Sinotrans Shipping, agreed with trade unions to increase their bonus rate to 7% and, due to lay offs last year, to raise monies paid to railway employees who’s work load has increased as a consequence.

Mining subsidiary of Eesti Energia, Eesti Energia Kaevandused has recently signed a two year agreement to increase wages; 5% for piece work and 11% for time-work. Eesti Energia Kaevanduseds main activity is oil-shale mining in the north-east of Estonia. Last year, 2010, the company mined 17 million tonnes, 3 million more than in 2009, which was all the more remarkable as the company currently employs around 3,000 people, the last time a equivalent amount of oil-shale was mined was in 1992 when the company employed approximately 9,000 workers!

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