A new collective bargaining agreement in Spain has been signed, stipulating a
wage freeze for 2014.
In Spain, measures were initiated in the end of 2013 to change material aspects
of the Spanish labor agreement in order to mitigate imposed cost increases for
2014. The final outcome of this process was expected no later than by the end of
the first quarter of 2014, while in parallel negotiations between the unions and
the employers have taken place. As a result, a new collective bargaining
agreement stipulating a wage freeze for 2014 has been signed.
This press release is also available at: www.securitas.com
Gisela Lindstrand, Senior Vice President Corporate Communications and Public
Affairs, Securitas AB, mobile phone +46 70 287 8662, or email
Securitas is a global knowledge leader in security. From a broad range of
services of specialized guarding, technology solutions and consulting and
investigations, we customize offerings that are suited to the individual
customer’s needs, in order to deliver the most effective security solutions.
Everywhere from small stores to airports, our 300,000 employees are making a
Securitas AB discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 10.00 (CET) on February 28, 2014.
GlobeNewswire, a NASDAQ OMX company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.