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Five million Euro in cash and investments worth 30 million were sufficient for the acquisition of ‘’Prva Petoletka’’, former ‘’giant’’ of Serbian and Yugoslav Metal Industry.

RUSSIANS ARE COMING TO TRSTENIK




Belgrade, January 23 2009
People say: “Luck comes the third time”. The third tender sale of “Prva Petoletka” – Trstenik was successful and Russian Consortium “Bumat” should take care for business future of 5000 employees of “Prva Petoletka” instead of Ministry of the Economy and Privatization Agency, which Consortium became the majority owner of this Company, with the sales price of 5 million Euro and 30 million of investments.

Detailed

Serbian employer indifference toward employees in Serbia assumes the characteristics of an epidemic.

INDIFFERENCE AFFECTS ALL OF US




Belgrade, January 22 2009
Serbian society accepts new words and terms very quickly, often not taking into account the meaning and essence of those terms. Corporate responsibility, identity and culture are the terms that are often used.

Detailed

Poll on measures being applied in companies of Serbian Metal Industry Complex

(January 2009 – Sample of 44 companies)




Belgrade, January 22 2009
The aim of research of Industrial Trade Union of Serbia (ITUS) is the analysis of the current situation in Serbian Metal Industry Complex and indication of impact of world economic crisis with specific impact indicators, steps that have been taken and consequences of the crisis affecting the status of companies and employees in the period prior to the end of 2008 and the beginning of 2009.

Detailed

‘’There will be money, it will arrive’’, we are waiting for storks to come. ‘’It can happen, but it doesn’t mean that it will really happen’’, people’s saying which explains best the positions and reflections of Serbian Government

CERTAIN IS ONLY THE UNCERTAIN




Belgrade, January 5 2009
That it’s finally over between the great Tripartite Alliance, i.e. the Socio-Economic Council of the Republic of Serbia, indicates the inactivity concerning the signed, but never observed and applied G.C.A.

Detailed

The II Session of SMWBU ‘’Nezavisnost’’ was held. Serbian Industrial Trade Union, global financial crisis and General Collective Agreement were the major items of the agenda

2008 WAS PROBLEMATIC




Belgrade, December 31 2008
Concluding the calendar and commercial year 2008 unionists and businessmen in Serbia had a feeling of bitterness, caused by the latest events in connection with the consequences of the global financial crisis in Serbian economy, and General Collective Agreement, which, instead of stabilizing the relations between trade union and employers, escalated in socio-economic and political revolt.

Detailed

Full adherence to Purchase and Sales Contract and ambitious business plans for 2009

ADHERENCE TO THE CONTRACT AND NEW JOBS




Belgrade, December 19 2008
The Car Factory ‘’21 Maj’’, with over 70 employees, shall welcome 2009 with optimistic statements given by the Executive Management. A recognizable reputation of the Car Factory ‘’21 Maj’’ was ruined in the last 10 years.

Detailed

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