Not all private sector companies in Greece are cutting back on wages. In fact some multi-national companies are giving out bonuses and even wage increases! One such case is Kraft Food Hellas which according to reports is planning to maintain its current workforce, despite adverse economic conditions prevailing in Greece as well as at the same time continue investing in production facilities, human resources, research and development of products. Speaking to reporters on Tuesday, the company's chief executive Lefteris Haroulakos said that company's aim was to send optimistic messages to its parent company Mondelez International and to prove that the Greek market has possibilities that can be exploited.
He was quoted by the Greek state news agency as saying that the company's workers, around 580, are going to receive wage increases of 1-2 pct, while he noted that Kraft Food Hellas did not pay any wage increases last year but offered higher bonuses.
At the same time he categorically dismissed press reports that multinational companies asked for wage cuts during a meeting with Development minister last week.
Kraft Foods has established activities in more than two decades in the Greek market and has developed and maintains a significant activity of production and distribution of food products. The company plans investments worth 5.0 million Euros for the next two years, mainly on its chocolate factory Pavlides, which has increased its production capacity by 30-35 percent.
Posts
