Gorenje reaches wage deal, orders up

* Production back to capacity from Oct. 1

* Follows cuts earlier in the year

* Agrees new wage deal with workers, averts strike

* Stock up 1.3 pct, outperforming bourse

LJUBLJANA, Oct 2 - Slovenia's largest household appliances maker, Gorenje (GORE.LJ), said on Friday it had reached a wage deal with employees, averting a possible strike, and returned to full production on Oct. 1 after securing fresh orders.

The company, which exports 93 percent of its production, had cut working hours at the start of the year due to lower demand.

Gorenje said it would raise the minimum wage in the firm to 540 euros ($784.9) net from Sept. 1, up from 432 euros previously. Employees will also get special bonuses of up to 90 euros per month from September to December.

Workers in production, who held a two-day strike in September demanding higher wages, had threatened to start another strike next week unless a wage deal was reached by then.

"The management is also in favour of employees' participation in profit sharing ... and hopes to conclude a contract with trade unions that will enable that as soon as possible," Gorenje said.

In August the company reported a net loss of 18 million euros in the first half of 2009, compared with a profit of 8 million in the same period last year, while sales were down by 8.3 percent to 568 million euros.

Shares in Gorenje were up 1.3 percent to 11.7 euros by 0742 GMT on Friday, outperforming a 0.4 percent fall in the blue-chip SBI index .SBI. ($1=.6879 Euro) (Reporting by Marja Novak; Editing by Simon Jessop)