OREANDA-NEWS. June 19, 2012. The employees of Public Company ORLEN Lietuva gave consent to the new Collective Agreement, which was signed by Ireneusz Fafara, General Director of ORLEN Lietuva, and Virginija Vilimiene, Chairperson of Naftininku Trade Union Council. The Agreement, which will be effective for two years, is a result of dialogue between the representatives of the employer and employees, reported the press-centre of ORLEN Lietuva.   

By the new Collective Agreement, which will be effective until the mid-2014, the negotiating parties set the seal on their major goals, taking into account the expectations of the employees and the standings of the Company’s shareholders and preserving the employer’s long-term obligations.

“Employees of Public Company ORLEN Lietuva are the main value of the Company; therefore, we have always sought to create the positive benchmark for working environment on the market. However, the future of the Company depends not only on the performance results but also on the correct balance of the obligations and standings. This is also reflected in the new Collective Agreement,” said Ireneusz Fafara.

"Lithuanian Confederation of Trade Unions considers the Collective Agreement of ORLEN Lietuva as the best such agreement in Lithuania and uses it as an example of the European-type social dialogue. The signed new collective agreement marks the completion of the tremendous effort and the employer's responsibility to all employees,” said Virginija Vilimiene.

All the social guarantees and the benefits such as award for Company performance results, anniversary employment bonuses, employee health care and strengthening programs, sponsoring of summer camps for children, Christmas gifts for employees and their children have been preserved in the new Collective Agreement.

During the biggest Turnaround in the history of the company in May – June 2012 about 54 large-scope projects were implemented. Technological improvements and new equipment will additionally increase EBITDA up to USD 20 million annually and would enable further improvements in energy consumption and overall stability of operations.