Protesting against the company’s worsening management and demanding retroactive profit shares that are eight years late, dozens of workers of KCG Textile,Egypt started an open-ended strike last Sunday.The KCG factory is situated in the industrial area of 10th of Ramadan City.
The workers said that they would continue the strike until they are called on the negotiation table to sit with the company’s executive leaders and not the current management. They accused the latter of not paying out profit shares to the workers.
While focusing their feud on the management, the workers demanded the formation of an independent syndicate to ensure their rights and act as an advocate in front of the company and the application of a social security system to protect the workers from forced suspension.
KCG is one of the largest international Turkish companies working in the field of textiles and energy. After hearing about the strike, riot police surrounded the company. No confrontation between the workers and the police took place.
In 2012, KCG expressed its desire to build an industrial compound in Sinai with an investment of $400 million.