Zijin invested $650 million in RTB, employed 1,000 people, now working on new collective agreement

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Since Zijin took over RTB at the end of 2018, approximately 650 million dollars have been invested in repaying all historical debts, improving safety and environmental protection, increasing production, as well as in technical renovation and expansion of mines and smelters, the company Srbija Zijin Copper announced today.

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The company will invest even more in the coming years, said a statement sent to the workers and residents of the cities of Bor and Majdanpek.

As stated, with more than 1,000 newly employed local citizens, the total number of members of the Zijin family has grown to more than 5,500 workers.

"What makes us even happier is that the average monthly net income of workers increased by more than 34 percent to over 90,000 dinars, compared to 2018, which is 50 percent more than the average wage in the entire country," the company said.

They also pointed out that that they are proud to see that their workers can enjoy almost the highest average net income in Serbia.

"As one of the largest companies in Serbia, that is a pillar of the development of Bor and Majdanpek, the company is also recognized as a serious legal entity, with promising capabilities and responsibility," Zijin said.

The company Srbija Zijin Copper has drafted a proposal for a new collective agreement for workers, in line with the Labor Law and other valid laws of Serbia, and has initiated, as it announced, friendly talks with trade unions.

The new collective agreement will fully respect all valid laws and ensure workers' legal rights, said Zijin. As stated, the average income will not be reduced by an improved collective agreement.

"On the contrary, the company will, in parallel with the new collective agreement, establish an additional promising mechanism to ensure that workers who create greater value to the company are properly recognized and financially rewarded," said Zijin.

The collective agreement that RTB previously reached with trade unions will expire at the end of June 2021.

(Telegraf Biznis/Tanjug)