Overview

• A preliminary agreement on June 21 between union representatives and Fertiberia management formally ends planned strike days after mediation talks collapsed.
• The deal boosts severance to 45 days’ pay per year worked with a cap of 30 months, exceeding Spain’s legal minimum.
• It secures in-house and group-wide reemployment pathways alongside a rent plan that guarantees 95% of net salary for employees aged 59 and over.
• Unions won a collective bargaining package featuring salary hikes of 3%, 3% and 2% over the next three years with review clauses to outpace inflation.
• Starting January 1, 2026, annual working hours will be cut by eight hours as both sides use a 15-day extension to refine layoffs.