Multinationals in Egypt Closed for Business

Wednesday, 02 Feb 2011 01:02 PM

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Global makers of everything from dish soap to bottled beer are keeping their offices in Egypt shuttered and workers at home during mass protests that have brought the country to a political boil, the Wall Street Journal reports. Evacuations of some non-Egyptian employees and their families also are underway as companies wait out the upheaval.

The Holland-based brewer Heineken NV has more than 2,000 employees in Egypt and will not send them back to work until conditions stabilize. The Proctor & Gamble Co. corporate office in Cairo as well as its two Egyptian factories— which produce staples including dishwashing liquid and diapers — are likewise closed until further notice.

Coca-Cola Co. has about 100 people at a Cairo office that closed on Sunday and will not re-open until conditions stabilize. But even in the middle of a revolution, Coke delivery continues, albeit on a limited basis through an Egyptian bottler that is the Atlanta-based beverage maker’s local franchisee.

“Trucks are home before curfew,” a Coca-Cola spokesman said.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

US Turns to China to Help Stop NKorean Hackers

Saturday, 20 Dec 2014 19:42 PM

The Obama administration is seeking China's help in stopping North Korea from launching future cyber-attacks, the New Yo . . .

RNC to Theaters: 'We Cannot Be Bullied,' Show 'Interview'

Saturday, 20 Dec 2014 19:20 PM

The Republican National Committee is urging theater owners to play the The Interview following Sony's decision to pull . . .

Bernard Kerik: De Blasio, Sharpton 'Have Blood on Their Hands'

Saturday, 20 Dec 2014 18:49 PM

Bernard Kerik: De Blasio, Sharpton 'Have Blood on Their Hands'
By Todd Beamon
Former New York City Police Comm . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved