Scania signs 2-year agreement with Metalworkers Scania and the Swedish Metalworkers' Union have signed a local pay agreement that will be valid 1 april 2007 - 31 March 2009. It provides an 8 percent wage and salary increase over the life of the agreement. The agreement covers Scania's 7,000 blue-collar employees in Sweden. For further information, please contact: - Stina Thorman, Head of Investor Relations, tel +46 8 553 837 16 - Hans-Åke Danielsson, Press Manager, tel +46 8 553 856 62 Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company's operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 32,800 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2006, invoiced sales totalled SEK 70.7 billion and the net income amounted to SEK 5.9 billion. Scania press releases are available on the Internet at www.scania.com
Scania signs 2-year agreement with Metalworkers
| Source: SCANIA AB