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Egypt flour mill workers strike to raise bonus

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

MENA, Thursday 27 Oct 2011
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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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