- December 9, 2022
- Press Releases
LIBERTY Ostrava and its unions agree 2023 CLA
- The updated Collective Labour Agreement (CLA) will result in an 9.5% increase in LIBERTY Ostrava’s total payroll
- The company will pay an extraordinary compensation bonus of 10,000 CZK (gross) per employee
- The plant’s incentives and benefits structure remain unchanged
The management of LIBERTY Ostrava and its trade unions have successfully concluded an updated Labour Collective Agreement (CLA) for 2023.
The update to the CLA will result in an 9.5% increase in LIBERTY Ostrava’s total payroll. All employees will receive an increase in salary from 1 January 2023, with two further increases to be implemented from the 1 April and 1 July next year. All other bonuses and benefits under the existing CLA will remain in effect.
To help employees better manage the cost of living rises and inflation, the company and unions have agreed the payment of an extraordinary compensation bonus of 10,000 CZK (gross) per employee in their December pay packets. For employees who joined the company during 2022, the bonus will be proportionally adjusted based on number of months they have worked here.
Sandip Biswas, Interim CEO for LIBERTY Primary Steel and Mining, said: “I am pleased that we have reached agreement on the amended CLA and would like to thank all those involved in the negotiations for their hard work and collaborative attitude during the process. Now we can get on with our efforts to prepare our business so that we are well positioned to take advantage of the return of customer demand as well as continuing our ambitious plans to decarbonise our business.”
Further information from:
Barbora Černá Dvořáková Head of communications LIBERTY Ostrava |
+420 606 774 346 | barbora.cerna-dvorakova@libertysteelgroup.com |
Paddy Toyne-Sewell Head of Communications – Europe GFG Alliance |
+44 (0) 7767 498 195 | Patrick.toyne-sewell@gfgalliance.com |
Note to the editors:
LIBERTY Ostrava is an integrated steel business with an annual production capacity of approximately 3.6 million tonnes per annum serving construction, machinery and oil & gas industries. The company is a domestic leader in the manufacture of road barriers and tubes. In addition to the Czech market, it supplies its products to more than 40 countries around the world. Together with its subsidiaries in Ostrava, the company has 6,000 employees. The company manufactures its products with a minimum possible environmental footprint. It is part of LIBERTY Steel Group.
LIBERTY Steel Group plans to invest 8.6 billion of Czech Korunas in the LIBERTY Ostrava GREENSTEEL transformation programme over the course of the next eight years so that is carbon neutral by 2030. The key element of the CN30 programme will be the replacement of the steelwork’s existing four tandem furnaces with two state-of-the-art hybrid electric arc furnaces and the building of a new power line. The new furnaces, for which the contracts were signed at the beginning of July, will be delivered by Danieli, a leading global manufacturer of plant and machinery. At the same signing ceremony, LIBERTY Ostrava signed a Declaration of Cooperation with ČEZ ESCO to identify and develop renewable energy and hydrogen technologies and announced the launch of the GFG Foundation in the Czech Republic.
In addition to the modernisation of the steel shop, the transformation will also include an extensive modernisation of the steel rolling mills, which will improve the quality of steel and expand the product portfolio with high added value products. The investment programme will also see the creation of a renewable power plants for electricity production as well as the development of the GREENSTEEL Academy, which aims to upskill the plant’s current workforce and encourage new people into the industry.
LIBERTY Steel Group is part of the global GFG Alliance owned by Sanjeev Gupta and his family. The GFG Alliance has three independent industrial brands: LIBERTY S teel Group, ALVANCE Aluminum Group and SIMEC Energy Group which share the same values and strive for a long-term sustainable future for industry and society. The GFG Alliance operates in 30 countries, with a total of 35,000 employees and a turnover of over $20 billion.
www.libertysteelgroup.com |
Latest News
View All
LIBERTY Ostrava’s giant mold starts its challenging journey to Britain
A giant industrial mold, produced by the foundry of LIBERTY Engineering Products Ostrava for its British customer Sheffield Forgemasters, today...
View
LIBERTY Ostrava‘s new road safety barriers are raising the bar
LIBERTY Ostrava, the leading manufacturer of safety steel road and bridge barriers in the Czech Republic, has successfully tested and...
View
LIBERTY Ostrava’s mine supports underpinning the reconstruction of Prague’s sewer system
LIBERTY Ostrava is supplying 400 mine support arches to a major sewerage reconstruction project in Prague. It is one of...
View
Volunteers from LIBERTY Ostrava helped in eleven non-profit organizations
This autumn, 47 employees of LIBERTY Ostrava lent a hand in eleven socially beneficial organizations from Ostrava where they moved...
View
LIBERTY Ostrava and its unions agree 2023 CLA
The updated Collective Labour Agreement (CLA) will result in an 9.5% increase in LIBERTY Ostrava’s total payroll The company will...
View
LIBERTY Ostrava to provide 100 apprenticeships to young people from Ostrava’s vocational schools
LIBERTY Ostrava will welcome approximately one hundred apprentices from vocational secondary schools in Ostrava to try out their future profession...
View
Thousands celebrate Family Day at LIBERTY OSTRAVA
Two thousand of LIBERTY Ostrava’s employees and their families have enjoyed the steelwork’s first Family Day event to be held...
View
LIBERTY Ostrava to invest CZK 88 million to halve dust emissions from sinter plant north
LIBERTY Ostrava is investing CZK 88 million on the installation of a new exhaust pipeline at its sinter plant north,...
View
LIBERTY Ostrava to distribute over CZK 500,000 to local community projects
LIBERTY Ostrava to support 21 local community projects nominated by employees this year Over eleven years the steelworks has distributed...
View
LIBERTY Ostrava to temporarily idle Blast Furnace No. 2 for repairs
LIBERTY Ostrava will temporarily idle its Blast Furnace No 2 to allow for a CZK 233 million (EUR 9.5m) repair...
View