Hungarian Malév Airlines Staff Eye Stakes In Subsidiaries

  • 20 Feb 2012 8:03 AM
Hungarian Malév Airlines Staff Eye Stakes In Subsidiaries
"The air traffic employees union will try to obtain shares in viable Malév subsidiaries after learning that the bankrupt airline’s assets will not be sufficient to pay wages, Napi Gazdaság reports.

The union, Lesz, mentioned Malév Ground Handling as one subsidiary that can survive.

Lesz is immediately contacting European and International unions EFT and ITF, as well as the employee ownership organisation of Herendi Porcelain, where workers own 75% of the company."

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

  • How does this content make you feel?