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Egypt flour mill workers strike to raise bonus

MENA, Thursday 27 Oct 2011

Employees at Alexandria firm threaten to cut production if management refuses tenfold raise in annual bonuses

Workers at the Alexandria Flour Mills & Bakeries company (AFMC) have threatened to down tools and cut production at the company's five branches in Alexandria if their financial demands are not met.

Workers staged a protest on Thursday demanding their annual bonus be raised to 10 times their salaries instead of its current four times.
 
AFMC registered a net profit of LE2.182 million in 3Q2011, a drop of 43 per cent on the same period last year. 
 
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