Unions and management at Ghent-based automotive parts supplier Plasman were finalising a preliminary agreement on Friday morning, according to a union source.
Workers at the company will vote on the agreement later today. Plasman supplies bumpers to the Volvo Ghent plant, among other components.
Negotiations lasted until 00:00 between Thursday and Friday, according to employee representatives.
Following informal contacts, negotiators have placed a draft agreement on the table. Its contents have not been disclosed, as the unions are waiting to submit the text to the workers between 10:00 and 14:00 on Friday.
A strike began at Plasman on Tuesday after staff learned that a new order would not be going to the Ghent-based factory.
Production has been halted since then. The labour dispute has impacted Volvo Car Gent, which has been unable to complete final vehicle assembly due to a parts shortage.
Management has placed approximately 4,000 workers on temporary layoff.
The company expects to clarify the timing of a possible resumption of operations later today.
