THE ACTIVITIES OF THE FNC CONCERN THE RECOGNITION OF FINANCIAL CONTRIBUTIONS IN FAVOUR OF ALL PRIVATE EMPLOYERS WHO HAVE ENTERED INTO, PURSUANT TO ARTICLE 88(1) OF DECREE-LAW NO 34/2020 AND ARTICLE 4 OF DECREE-LAW NO 104 OF 14 AUGUST 2020, FOR CHANGING ORGANISATIONAL AND PRODUCTIVE NEEDS OF THE UNDERTAKING OR TO ENCOURAGE THE RELOCATION OF WORKERS, COLLECTIVE AGREEMENTS FOR THE REORGANISATION OF WORKING HOURS (HEREINAFTER COLLECTIVE AGREEMENTS) SIGNED AT COMPANY OR TERRITORIAL LEVEL BY THE EMPLOYERS‘AND WORKERS’ ASSOCIATIONS WHICH ARE COMPARATIVELY MORE REPRESENTATIVE ON THE NATIONAL LEVEL, OR BY THEIR TRADE UNION REPRESENTATIVES OPERATING IN THE COMPANY — FOR WHICH THE HOURS OF REDUCTION IN WORKING TIME ARE INTENDED FOR THE REDUCTION OF WORKING HOURS.