Greece blocks Heracles layoff at Halkida

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Greece: Greek authorities have blocked a request made by Heracles Cement to lay-off 229 workers from its plant in Halkis. The move would have shut down the plant. The Supreme Labour Council of the Employment, Social Insurance and Welfare ministry, voted to reject the plan made by the Lafarge subsidiary and recommended to Labour Minister Yiannis Vroutsis not to approve the demand.

Heracles Cement announced in late March 2013 that it had stopped operations at its plant in Halkida, as part of a restructuring program of its production structure. The restructuring programme was aimed at helping the Lafarge subsidiary cope with Greece's recession in its construction sector.

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URL: https://globalcement.com/news/item/1631-greece-blocks-heracles-layoff-at-halkida

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