Last Update 16:28
Saturday, 23 January 2021

Bisco Misr’s Cairo production restarts after strike freeze

Confectioner says factory is back to work after a labour dispute forced its week-long closure

Ahram Online, Sunday 29 Jan 2012
Views: 2468
Views: 2468

Egypt's Bisco Misr has reopened its Cairo factory after a weeklong closure caused by labour protests, the formerly state-owned confectioner announced on Sunday.

The baked goods and confectionery maker announced on 22 January it had closed its Al-Sawwah plant but that its two factories in Alexandria were continuing operations.

Established in 1957 as Egyptian Company for Foods, Bisco Misr says it employs around 2,780 workers.

Initially a state enterprise, the company was partially privatised in the late 1990s. A consortium led by Concord International Investments now holds a majority stake.

Short link:



© 2010 Ahram Online.