print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all North-West Telecom press releases

North-West Telecom

October 1, 2008

North-West Telecom Labor Contract signed for 2009-2011

Petersburg to sign the Labor Contract for 2009-2011. The Contract is the basic legal document regulating the social and labor relations in the company. The Conference was attended by 70 delegates and over 40 invited persons, among whom were the Company’s top managers and N.W.Telecom regional subsidiary managers.

V. A. Akulich, General Manager of North-West Telecom, was the first speaker. He greeted the Conference and indicated the essential features of the new document, noting that the N.W.Telecom Labor Contract for 2006-2008 did its job in full. It was adopted for a three-year period, therefore it guaranteed social stability within the Company in the days when the communication industry and N.W.Telecom were going through serious changes. During its effective period, the Company completed a structural reorganization and personnel number optimization, with the average wages increased by 44%. “The time has come for a new regulatory document, which would eliminate the differences in social benefits and guarantees granted to employees of different subsidiaries,” Mr. Akulich emphasized. Still, all such differences, including those related to non-governmental pension schemes, will be eliminated in six years.

Tatiana Alexandrovna Shuiskaya, Chairperson of the Territorial Organization of the Trade Union, told the audience about the features of the new Labor Contract, which was a result of painstaking work by the Standing Committee, and about the development of local documents and trade union activity in the regions.

The labor contract for 2009-2011 intended to ensure the employees’ social and labor guarantees, stability and efficient operation of the Company, higher mutual responsibility of the parties, and compliance with the applicable laws and the social/economic interests agreed between the parties, will become effective on January 1 of the next year.

Delegates for participation in conferences for signing a N.W.Telecom Labor Contract are elected at employees' conferences in the subsidiaries and the General Management Office on the basis of the quota of 1 delegate per 300 employees. A labor contract is signed by the company’s CEO for the employer, and by the head of the company’s trade union organization for the Trade Union.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer