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Fomento de Construcciones y Contratas SA Reaches Agreement With Union Representatives On Temporary Dismissal Program

Tuesday, 30 Apr 2013 02:37am EDT 

Fomento de Construcciones y Contratas SA announced that it has reached an agreement with union of representatives on Temporary Dismissal Program (ERE) for its construction division in Spain. Acceptance of the agreement involves reduction of the number of contracts from 1,143 to a maximum of 842. It has also increased the amount of compensation initially proposed, so that the agreement is fixed at 31 days per year of service. 

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