Egypt cigarette worker strike ends

Dec. 19, 2012 at 4:17 PM

GIZA, Egypt, Dec. 19 (UPI) -- Workers in Egyptian cigarette factories are back on the job after a two-day strike ended when the government-backed monopoly met their demands.

Management at Eastern Co., owned by the Government Holding Co. for Food Industries, agreed to pay striking workers bonuses owed them over the last 42 months and pay for meal allowances, al-Masry al-Youm said Wednesday.

Workers staged a mass sit-in in front of the factory in Giza, Egypt, and closed down a street for two days. They credited Investment Minister Osama Saleh for intervening and agreed to work extra shifts to make up for the two-day stoppage.

Profits at Eastern Co. were 165 million Egyptian pounds ($26.7 million) so far this year, up from 121 million Egyptian pounds last year.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Finland orders anti-tank weapon from Saab
Orbital ATK's artillery guidance kit passes milestone test
Fourth MUOS arrives in Florida for August launch
Oil prices drop on Greek, Iran concerns
North Dakota rig data suggests stability