OKD mining unions threaten to take strike action

27-10-2016

Miners’ unions at the struggling hard coal mining company OKD have given notice of the possibility of strike action. The move is aimed at highlighting anger that management is allegedly undermining existing agreements and a social agreement, under which miners leaving work would be entitled to 12 months’ pay, for the Paskov mine. No date has been set for specific action. The Paskov mine is at high risk of closure under a reorganisation plan which management is set to finalize at the start of November. The company management has been reported to be seeking a further 600 million crowns in aid from the government to cover its social commitments to workers. Industry minister Jan Mládek said the mining company should come out officially if it needs new financing.