FRANCE: Strike ends at Moët Hennessy Champagne et Services
The strike at LVMH's Moët Hennessy Champagne et Services (MHCS) has come to an end.
The 11-day strike, which began last month, had been supported by around 1,100 staff in vineyards, production and administration.
Unions and management have reached an agreement covering bonus payments, incentives and employee health insurance benefits.
The unions accepted a ‘merger' bonus payment of EUR750 (US$1,000) per employee, having demanded EUR1,500 as a result of the creation of MHCS. They also got an improved deal on profit-sharing as well as improved health cover in the event of long-term illness/incapacity.
MHCS groups Champagne brands Moët et Chandon, Veuve Clicquot, Ponsardin, Krug, Ruinart and Mercier.
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