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March 7, 2013

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Henkel Hellas Also Slams Reports Concerning Wage Cuts

Deutsch: Logo des Henkel-Konzerns
(Photo credit: Wikipedia)
Henkel Hellas categorically dismissed press reports this week alleging that it recommended a wage cut during a meeting last week between representatives of 11 multinational companies with Development Minister Costis Hatzidakis. (Check further below for other related articles)

In a statement Henkel Hellas said that:
   "Such measures do not represent the company since they will not contribute to the economic recovery of the country and a return to positive growth rates. Instead, the company's goal and commitment is - through a series of initiatives - to strengthen its presence in Greece, supporting productive activity, investments and employment".
   "It is in this framework that Henkel Hellas recently announced the gradual return of a significant part of its production line of detergents and cleaning products to Greece, safeguarding 50-70 job positions and more investments in the country," the company said. Henkel Hellas has established activities in the Greek market for the last 50 years. Its investments total 15 million euros in the last five years.
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