A Nestle cereals and cooking ingredients plant in Venezuela has started operations again after a strike stopped production for two days, with workers resuming talks on pay.
Staff at the facility in El Tocuyo in west-central Venezuela began the industrial action on Tuesday but ended the walkout late on Wednesday.
“Our factory in El Tocuyo has indeed been affected by a strike in the context of protracted collective bargaining negotiations,” a Nestle spokesperson said. “However, the trade union agreed to resume full operations of our factory while they continue to negotiate a collective bargaining agreement with Nestlé Venezuela, in presence of the local labour authorities.”
The spokesperson said Nestle would not comment on the talks nor on why a deal has yet to be reached.
Workers in the country are facing pressure on living standards amid high inflation. Venezuela’s Central Bank, the BCV, estimated accumulated inflation of 39% in the first eight months of 2014.
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However, the company and workers have yet to reach a deal on pay despite negotiations starting in March.
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By GlobalDataThe facility is one of the five plants Nestle owns in Venezuela. It employs about 900 workers.