Police ‘free’ head of company held hostage by workers
Workers of Samannoud company for wool and weaving - YOUM7 (Archive)
By THE CAIRO POST

CAIRO: The police “freed” head of state-owned Samannoud for wool and weaving Ahmed Maher from the headquarters of the Gharbia company after having been locked up inside for a day by workers who protested “late salaries,” Youm7 reported.

The workers said they have not received their salaries since March and have not received their variable remuneration since September.

The factory’s operation has been intermittent for a few years due to debts and occasional workers protest and strikes in demand for higher salaries.

The ministerial group assigned with solving the factory’s problems said in a June statement that the National Investment Bank agreed to contribute 36 million EGP to its capital, as quick cash to resume operation in an economically sound fashion.

Security services released Maher after altercation with the workers, who threatened to block railway tracks if their salaries were not dispensed by the end of July, according to Youm7.

The Egyptian authorities previously dispersed some of the factory’s workers after they blocked the flow of trains between Mansoura and Tanta in November, also as a result of late dues, according to Al-Ahram newspaper.

In December, the Ministry of Manpower paid the factory’s three million EGP debt to the Bank of Alexandria, Al-Wafd newspaper reported.

The ministerial group, which includes the Ministers of Planning and of Manpower, said the factory’s machinery would be modernized in a framework of “reform and modernization.”

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