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Hungarian union reaches two-year wage deal with Audi

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Audi Hungary Gyor
Auto industry   Audi employs 11,631 people in Gyor

German carmaker Audi's Hungarian unit has reached an agreement on wage rises for the next two years with the local AHFSZ union, which announced the deal.

Car production and export by foreign automakers is a key driver of economic growth in Hungary, where skilled workers are paid much less than their counterparts in western Europe.

Audi, one of Hungary's biggest revenue-earners and exporters, will increase base salaries by 30,000 forints ($103) as of January this year, and by another 30,000 forints from the start of next year. It will also raise other benefits.

Hungarians earned a gross 260,800 forints ($900) per month in the January-November period, according to official statistics, which compares with an average monthly salary in Germany was 3,612 euros ($3,838) in 2015.

The carmaker employs 11,631 people at a major plant in the western town of Gyor, which made 1.92 million engines and nearly 123,000 cars last year.

Audi will also introduce a loyalty bonus from July, the union said in a statement posted on its website. It did not specify average salaries at the factory. The wage deal will be signed on Monday, it added.

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