Skoda Auto offer workers 10-percent pay rise

Management at the Skoda Auto car plant in Mlada Boleslav offered workers a pay-rise of 10 percent during discussions with trade union officials on Wednesday. The unions, who have been threatening to go on strike alert, have not made clear what the minimum increase they would accept is. They are set to respond to Skoda Auto's offer on Thursday.

Elsewhere, the company Skoda Steel is to stop using the Skoda name and logo from June. The company will be known as Pilsen Steel.