Reuters
Bosnia railway strike hits metals sector
Edited by : AL CIRCLE
1 min read
The region's railway company has failed to end a strike
by engine drivers.
For the fourth time in just under a year, cargo and passenger traffic came to a standstill last week after engine drivers went on strike over the refusal by management at the indebted company to increase their pay.
The strike has also hurt operations of alumina plant Birac in the eastern town of Zvornik, majority-owned by Lithuania's Ukio Bank Investment Group , and metal pipe plant Unis in the northern town of Derventa.
"The transport of raw materials and the output of these companies has stalled completely, and the railway company has been warned that all these plants may seek compensation for the damage caused by the strike," the Serb Republic Railway Company said in a statement.
It called for a minimum level of service until a solution is found.
The metals sector is crucial in impoverished Bosnia, with exports accounting for about 80 percent of total industrial output.Bosnia's industrial output increased 5.3 percent year-on-year in August, driven mainly by stronger activity in the metal-processing sector, indicating a recovery from negative trends caused by the global economic crisis.
For the fourth time in just under a year, cargo and passenger traffic came to a standstill last week after engine drivers went on strike over the refusal by management at the indebted company to increase their pay.
The strike has also hurt operations of alumina plant Birac in the eastern town of Zvornik, majority-owned by Lithuania's Ukio Bank Investment Group , and metal pipe plant Unis in the northern town of Derventa.
"The transport of raw materials and the output of these companies has stalled completely, and the railway company has been warned that all these plants may seek compensation for the damage caused by the strike," the Serb Republic Railway Company said in a statement.
It called for a minimum level of service until a solution is found.
The metals sector is crucial in impoverished Bosnia, with exports accounting for about 80 percent of total industrial output.Bosnia's industrial output increased 5.3 percent year-on-year in August, driven mainly by stronger activity in the metal-processing sector, indicating a recovery from negative trends caused by the global economic crisis.
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