Swedish Paper Industry Secures Two-Year
Photo: Martina Holmberg/TT

Swedish Paper Industry Secures Two-Year Wage Agreement

Paper and Industry Employers have agreed on a new two-year agreement. It follows the industry agreement, which was finalized during the night to Tuesday.

The agreement between the LO union Paper and Industry Employers provides 3.4 percent the first year and 2.8 percent the second, while the remaining 0.2 percent is set aside for partial pension, writes Dagens Arbete.

It gives more than the current inflation rate, and hopefully it will be a real wage increase throughout the entire agreement period, says Per-Anders Pettersson, Paper's second vice chairman, to the newspaper.

Industry Employers' chief negotiator Per Widolf says in a press release that "the agreement creates stability and clear frameworks for companies within the Swedish pulp and paper industry".

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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