OREANDA-NEWS. August 18, 2014. Representatives of ORLEN Lietuva and Naftininku Trade Union came to an understanding regarding the provisions of new Collective Agreement. Taking into account the difficult financial situation of the company and interests of its employees, it is planned to include, under provisions, social benefits which are most important to the employees into the draft Collective Agreement.
 
After the process of negotiations, both the representatives of employer and employees agreed for part of the sallary bonus to be dependable on the positive financial results of the company (EBITDA). Employee key performance indicators are going to be established by a special commission including assigned representatives of employer and Trade Union.
 
"The situation of ORLEN Lietuva remains very difficult, but we understand the social arguments of our partners in negotiations. Reaching the solution regarding the provisions of new Collective Agreement is very important, but we still have to remember about currently weak financial standing of the Company. Representatives of both employees and the employer still have much to do - to develop Draft Collective Agreement and to validate the changes made in the Collective Agreement", said Public Company ORLEN Lietuva Director of Human Resources Birute Jedlinski.
 
The primary objective for the Trade unions during the negotiations with the employer was to maintain the same remuneration for work.  A compromise was reached because we also understand the difficult financial situation of the company. We believe that the Refinery has a future perspective and in case of its successfully operations, we will seek to recover all conditions established before this compromise agreement, "- said the representative of Naftininku Trade Unions Virginija Vilimiene.
 
The new Collective Agreement should be drafted for the 8th of August; however, the term can be extended by the parties' agreement. The Collective Agreement would remain effective through to 31 December 2015.