Egypt will keep pushing for Gaza peace, aid: PM    EGX ends week in green on Wednesday, July 23    Kibing Group plans $685m solar glass plant in Egypt's Sokhna – SCZONE chair    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt's current account gap narrows, but overall BoP records deficit    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt, India discuss expanding industrial, investment partnerships    World Bank proposes Egypt join new global health initiative    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's Polvara Spinning and Weaving shuts factories after workers push for nationalisation
Alexandria-based company decides to close premises for the entire week but workers keep up their demands
Published in Ahram Online on 10 - 10 - 2011


@font-face {
font-family: "Times";
}@font-face {
font-family: "MS 明朝";
}@font-face {
font-family: "Cambria Math";
}@font-face {
font-family: "Cambria";
}p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: Cambria; }p { margin-right: 0in; margin-left: 0in; font-size: 10pt; font-family: Times; }.MsoChpDefault { font-family: Cambria; }div.WordSection1 { page: WordSection1; }
UNIRAB Polvara Spinning and Weaving has announced the temporary closure of its factories, effective from Saturday 8 October to Thursday 13 October, in a move to end to an 8-day strike.
The Alexandria-based textiles company said in a statement that the shutdown decision came as a result of the "continuation of protests and strikes despite the company's effort to resolve workers' demands".
Workers have held three sit-ins since Mubarak's ouster in February, demanding the company's return to public sector administration.
Previous demonstrations highlighted nine specific changes needed to improve working conditions, but the open sit-in that began on Sunday 2 October focuses on just two: an increase in employee salaries and the re-nationalisation of the company.
Polvara added that if the strike continues, it would maintain the closure of its factories that employ over 4,300 workers.
Despite the company's warning, workers seem determined to push for their demands.
"We have specific demands, and we want to save the company. The strike will not end until the demands are met," said Said Shehata, one of the protesting employees.
Currently 1,500 workers are inside the factory protesting the decision.
UNIARAB Polvara is 80 per cent owned by private investors. The government owned Holding Company for Spinning and Textileowns 17.5 per cent, while workers own the rest.
The company share price dropped 4.44 per cent on Monday, reaching LE1.72 per share.


Clic here to read the story from its source.