A collective agreement on minimum wage in construction industry has been signed so far by 211 companies, whose construction works make up 641 million euro - that is 90% of the minimum amount for the collective agreement to come into force. The Latvian Partnership of Building Contractors said that this support demonstrates a paradigm shift and that businessmen want fair competition in the construction industry. The collective agreement on minimum wage is the most important reform in the construction industry since the restoration of independence. The bargaining continued for 2.5 years and, in order to come into force, it must be signed by companies with a total result of construction works of 713 million.
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