Bloomberg News

ENRC’s Kazakhstan Workers to Get 20% Salary Increase Next Month

June 27, 2012

Eurasian Natural Resources Corp., a producer of metals in Kazakhstan, agreed to raise salaries for its 65,000 employees in the country by an average 20 percent.

The increase is effective July 1, London-based ENRC said today in an e-mailed statement.

Metals and mining companies in Kazakhstan have boosted salaries after pay disputes in the country’s oil industry triggered strikes and violent protests in 2011. ArcelorMittal’s Kazakh unit offered a 10 percent pay increase to coal workers this month, backdated to the start of the year.

To contact the reporter on this story: Nariman Gizitdinov in Almaty at ngizitdinov@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net.


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