Daewoo Shipbuilding and labor union reach an agreement

Daewoo Shipbuilding & Marine Engineering Co has announced that DSME and its labor union recently reached a tentative agreement in the year’s collective and wages negotiations without the need to resort to strikes According to the company, DSME has successfully reached an understanding with the labor union without conflicts for 20 consecutive years.
Mr Sang Tae Nam president & CEO of DSME said that "The world shipbuilding industry is experiencing hard times, which requires unions and management to come together to improve productivity and competitiveness. In close cooperation with the union, we will work as one to improve the labor management culture."