OSLO, April 7 (Reuters) - Norwegian industrial workers have reached a wage deal with employers, avoiding strike action, a major labour union said on Sunday.

The deal will lift wages by 5.2% on average in 2024 and also involved increased educational support, said the Norwegian Confederation of Trade Unions (LO), the biggest of the two labour groups taking part in negotiations.

The smaller Parat union, from which some 1,000 workers planned to go on strike, also said later on Sunday it had made a deal for a wage rise by the same percentage.

Some 14,300 LO union members had been scheduled to take strike action, including at Aker Solutions (AKSOA.OL) , opens new tab, Adecco (ADEN.S) , opens new tab, Kongsberg Gruppen's (KOG.OL) , opens new tab Maritime unit and Aibel, partly owned by Norway's Ferd and Sweden's Ratos (RATOb.ST) , opens new tab.

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https://www.reuters.com/markets/europe/norway-industry-workers-employers-agree-52-wage-increase-2024-04-07/