ELSEWEDY Says Work Resumed In Siag Plant, Talks Ongoing With Workers
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle East and Africa, announced that its 49% owned SIAG Towers has resumed operations on Sunday 13/01/2013.
El Sewedy referred that its negotiations with workers and the Labor Office are still ongoing to look into workers’ demands for profit share and salary raise.
El Sewedy indicated that SIAG Towers, which was founded in 2010, has not generated earnings thus far.
