Norsk Hydro: Hydro Sunndal employees organized in Industri Energi to go on strike

Rhea-AI Summary

Hydro Sunndal is set to face a significant production impact as 665 employees, represented by the labor union Industri Energi, will go on strike starting August 22. This escalation follows earlier mediations that saw the initial strike begin on August 15, affecting other members but not Hydro employees. The strike will result in a 20% production shutdown over the first four weeks at the primary metal plant, although other Hydro facilities remain unaffected. The production reduction is guided by a specific agreement aimed at managing the process responsibly.

Positive

• None.

Negative

• 20% production shutdown at Hydro Sunndal affecting primary metal production.
• Strike initiated by Industri Energi could lead to operational inefficiencies.

Following the mediation between the labor union, Industri Energi, and the employers’ organization, Norsk Industri, on August 13, 665 employees at Hydro Sunndal, who are organized in Industri Energi will go on strike from Monday, August 22.

The mediations between the parties on August 13 resulted in the first Industri Energi members going on strike from Monday, August 15. There were no Hydro employees among these.

The strike has now been stepped up as Industri Energi has taken out 655 of its members at Hydro Sunndal. The strike takes effect from Monday, August 22.

The strike at Hydro Sunndal will affect production at the primary metal plant. The impact on production is regulated by a separate agreement, which states how production is to be reduced in a responsible manner and how both parties contribute.

According to the shutdown agreement, 20 percent of production will be shut down during the first four weeks. No other of Hydro's plants are affected by the strike at Hydro Sunndal.

Investor contact: 
Line Haugetraa
+47 41406376
Line.Haugetraa@hydro.com

Media contact:
Halvor Molland
+47 92979797
Halvor.Molland@hydro.com

FAQ

What is the reason for the Hydro Sunndal strike?

The strike is due to unresolved issues between the labor union Industri Energi and Norsk Industri regarding employee conditions.

How many employees are going on strike at Hydro Sunndal?

A total of 665 employees will participate in the strike starting August 22.

When is the Hydro Sunndal strike scheduled to start?

The strike is scheduled to begin on August 22.

What will be the impact of the strike on Hydro's production?

The strike will lead to a 20% reduction in production at the Hydro Sunndal plant for the first four weeks.

Are other Hydro plants affected by the Sunndal strike?

No, only the Hydro Sunndal plant will be affected by the strike; other plants remain operational.