Corporate Employment & Labour Law
PARTNER WHO LED THE ADVICE:
We consulted and drafted one the first Exceptional Collective Labor Agreement on behalf of THRAKON S.A. under the latest national labor legislation between the company and it’s labor union. Besides leading the negotiation for the management with the union member, we structured the procedure in compliance to the new legal framework and drafted the agreement. This Exceptional Collective Labor Agreement allowed significant salary reduction beyond the minimum sectoral wages and ensured a multi-million labor cost cut for the next five year period for the company.