Articles > Popular publications > PR Newswire press releases > January-March 1995 > Monday, February 6

Article: GRUPO DINA RENEGOTIATES UNION CONTRACT

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PR Newswire
Article date:
February 6, 1995
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MEXICO CITY, Feb. 6 /PRNewswire/ -- Consorcio G Grupo Dina S.A. de C.V. (NYSE: DIN/DIN.L) today announced that on Friday, February 3, the Company reached an agreement with its labor union, thereby avoiding the possibility of a strike in the truck, coach and plastic components plants.

Negotiations were carried out in conformity with the Emergency Economic Plan established by the Mexican government in January and included a general increase of 7% in union workers' salaries plus an additional 3% for productivity. This 10% increase was granted to workers in the truck, coach and plastic components plants.

Additionally, Grupo Dina, together with the union, agreed ... 







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