Court rule obligates Advanced Pharmaceutical to pay EGP1.2m compensations

Cairo – Mubasher: Advanced Pharmaceutical Packaging Company said a court has issued a rule that obligates the company to pay compensations worth EGP1.2 million to previous employees.

The company said it will resort for selling five production lines and number of machines in public auction, in order to arrange the compensation amount.

The company also pointed out that its production and sales will be negatively effected by 20% during 2016.

Mubasher Contribution Time: 27-Sep-2016 11:14 (GMT)
Mubasher Last Update Time: 27-Sep-2016 11:14 (GMT)