Cyprus-Forum.com

[CBBB]

By Stefanos Evripidou
Published on June 1, 2011

STAFF AT the church-controlled wine and beer maker KEO yesterday went on strike following management’s rejection of a Labour Ministry mediatory proposal regarding plans to lay off 150 employees.

The company had announced in February that it was planning to lay off a significant number of staff, estimated to be about a quarter of the workforce, due to the effects of the economic downturn.

According to unions SEK and PEO, specific proposals were tabled such as voluntary redundancy based on compensation packages used in 2006, which were rejected by the company.

After the ministry got involved to mediate between staff and management, the company “unfortunately, maintained the same unacceptable stance”, said the unions.

A mediatory proposal was tabled by the ministry last Monday which put compensation at 50 per cent of 2006 levels. The next day, yesterday, the company rejected the proposal saying it would go ahead with immediate layoffs.

The Employers and Industrialists Federation (OEV) yesterday condemned the “provocative” strike measures, calling on the unions to cease immediately before causing further disruption to the company and remaining positions of staff.

While no one doubted the drastic drop in the company’s turnover, the unions still demand compensation to the tune of €5.2m while the ministry suggested €2.5m, said OEV.

The ministry’s mediating proposal was made in the knowledge that KEO could not accept it, thereby exposing the ministry’s handling of the situation, added OEV.

According to the company’s 2009 annual report, KEO employed 572 permanent staff, costing €13.9 million in salaries and €2.7 million in provident and pension fund contributions.

The group’s turnover for 2009 was €54.6 million, around €10 million less than the previous year. In 2009, KEO posted a net loss of €3.7 million.

http://www.cyprus-mail.com/cyprus/keo-s ... s/20110601

WHAT AM I GOING TO DO????????

[Sotos]

drink water from the tap ... its a lot cheaper also!

[Raymanoff]

German beer = 0.50Eur
KEO beer = 1.50Eur

[SSBubbles]

You and Webbo both

Better get yourselves around all the supermarkets/mini markets/periteros and buy up all the Keo now!

[ttoli]

Is this a Cypriot thing?, threatened with Job losses, Do they

a)Work their Butts off, turn up on time and show that they are a productive team member?
b) Go on strike and drive profits down further?

[insan]

By Stefanos Evripidou
Published on June 1, 2011

STAFF AT the church-controlled wine and beer maker KEO yesterday went on strike following management’s rejection of a Labour Ministry mediatory proposal regarding plans to lay off 150 employees.

The company had announced in February that it was planning to lay off a significant number of staff, estimated to be about a quarter of the workforce, due to the effects of the economic downturn.

According to unions SEK and PEO, specific proposals were tabled such as voluntary redundancy based on compensation packages used in 2006, which were rejected by the company.

After the ministry got involved to mediate between staff and management, the company “unfortunately, maintained the same unacceptable stance”, said the unions.

A mediatory proposal was tabled by the ministry last Monday which put compensation at 50 per cent of 2006 levels. The next day, yesterday, the company rejected the proposal saying it would go ahead with immediate layoffs.

The Employers and Industrialists Federation (OEV) yesterday condemned the “provocative” strike measures, calling on the unions to cease immediately before causing further disruption to the company and remaining positions of staff.

While no one doubted the drastic drop in the company’s turnover, the unions still demand compensation to the tune of €5.2m while the ministry suggested €2.5m, said OEV.

The ministry’s mediating proposal was made in the knowledge that KEO could not accept it, thereby exposing the ministry’s handling of the situation, added OEV.

According to the company’s 2009 annual report, KEO employed 572 permanent staff, costing €13.9 million in salaries and €2.7 million in provident and pension fund contributions.

The group’s turnover for 2009 was €54.6 million, around €10 million less than the previous year. In 2009, KEO posted a net loss of €3.7 million.

http://www.cyprus-mail.com/cyprus/keo-s ... s/20110601

WHAT AM I GOING TO DO????????

GO GO GO Carlsberg! Far better than KEO... tastes a lot like Tuborg.

[bill cobbett]

By Stefanos Evripidou
Published on June 1, 2011

STAFF AT the church-controlled wine and beer maker KEO yesterday went on strike following management’s rejection of a Labour Ministry mediatory proposal regarding plans to lay off 150 employees.

The company had announced in February that it was planning to lay off a significant number of staff, estimated to be about a quarter of the workforce, due to the effects of the economic downturn.

According to unions SEK and PEO, specific proposals were tabled such as voluntary redundancy based on compensation packages used in 2006, which were rejected by the company.

After the ministry got involved to mediate between staff and management, the company “unfortunately, maintained the same unacceptable stance”, said the unions.

A mediatory proposal was tabled by the ministry last Monday which put compensation at 50 per cent of 2006 levels. The next day, yesterday, the company rejected the proposal saying it would go ahead with immediate layoffs.

The Employers and Industrialists Federation (OEV) yesterday condemned the “provocative” strike measures, calling on the unions to cease immediately before causing further disruption to the company and remaining positions of staff.

While no one doubted the drastic drop in the company’s turnover, the unions still demand compensation to the tune of €5.2m while the ministry suggested €2.5m, said OEV.

The ministry’s mediating proposal was made in the knowledge that KEO could not accept it, thereby exposing the ministry’s handling of the situation, added OEV.

According to the company’s 2009 annual report, KEO employed 572 permanent staff, costing €13.9 million in salaries and €2.7 million in provident and pension fund contributions.

The group’s turnover for 2009 was €54.6 million, around €10 million less than the previous year. In 2009, KEO posted a net loss of €3.7 million.

http://www.cyprus-mail.com/cyprus/keo-s ... s/20110601

WHAT AM I GOING TO DO????????

GO GO GO Carlsberg! Far better than KEO... tastes a lot like Tuborg.

Yes.. prefer Latsia's finest ... that is Carlsberg.

Reh Rabbittoh ... the obvious solution to your predicament ... drink even more Keo reh (if such a thing is possible)

[Z4]

By Stefanos Evripidou
Published on June 1, 2011

STAFF AT the church-controlled wine and beer maker KEO yesterday went on strike following management’s rejection of a Labour Ministry mediatory proposal regarding plans to lay off 150 employees.

The company had announced in February that it was planning to lay off a significant number of staff, estimated to be about a quarter of the workforce, due to the effects of the economic downturn.

According to unions SEK and PEO, specific proposals were tabled such as voluntary redundancy based on compensation packages used in 2006, which were rejected by the company.

After the ministry got involved to mediate between staff and management, the company “unfortunately, maintained the same unacceptable stance”, said the unions.

A mediatory proposal was tabled by the ministry last Monday which put compensation at 50 per cent of 2006 levels. The next day, yesterday, the company rejected the proposal saying it would go ahead with immediate layoffs.

The Employers and Industrialists Federation (OEV) yesterday condemned the “provocative” strike measures, calling on the unions to cease immediately before causing further disruption to the company and remaining positions of staff.

While no one doubted the drastic drop in the company’s turnover, the unions still demand compensation to the tune of €5.2m while the ministry suggested €2.5m, said OEV.

The ministry’s mediating proposal was made in the knowledge that KEO could not accept it, thereby exposing the ministry’s handling of the situation, added OEV.

According to the company’s 2009 annual report, KEO employed 572 permanent staff, costing €13.9 million in salaries and €2.7 million in provident and pension fund contributions.

The group’s turnover for 2009 was €54.6 million, around €10 million less than the previous year. In 2009, KEO posted a net loss of €3.7 million.

http://www.cyprus-mail.com/cyprus/keo-s ... s/20110601

WHAT AM I GOING TO DO????????

Drink more, if that's possible?

[quattro]

By Stefanos Evripidou
Published on June 1, 2011

STAFF AT the church-controlled wine and beer maker KEO yesterday went on strike following management’s rejection of a Labour Ministry mediatory proposal regarding plans to lay off 150 employees.

The company had announced in February that it was planning to lay off a significant number of staff, estimated to be about a quarter of the workforce, due to the effects of the economic downturn.

According to unions SEK and PEO, specific proposals were tabled such as voluntary redundancy based on compensation packages used in 2006, which were rejected by the company.

After the ministry got involved to mediate between staff and management, the company “unfortunately, maintained the same unacceptable stance”, said the unions.

A mediatory proposal was tabled by the ministry last Monday which put compensation at 50 per cent of 2006 levels. The next day, yesterday, the company rejected the proposal saying it would go ahead with immediate layoffs.

The Employers and Industrialists Federation (OEV) yesterday condemned the “provocative” strike measures, calling on the unions to cease immediately before causing further disruption to the company and remaining positions of staff.

While no one doubted the drastic drop in the company’s turnover, the unions still demand compensation to the tune of €5.2m while the ministry suggested €2.5m, said OEV.

The ministry’s mediating proposal was made in the knowledge that KEO could not accept it, thereby exposing the ministry’s handling of the situation, added OEV.

According to the company’s 2009 annual report, KEO employed 572 permanent staff, costing €13.9 million in salaries and €2.7 million in provident and pension fund contributions.

The group’s turnover for 2009 was €54.6 million, around €10 million less than the previous year. In 2009, KEO posted a net loss of €3.7 million.

http://www.cyprus-mail.com/cyprus/keo-s ... s/20110601

WHAT AM I GOING TO DO????????

GO GO GO Carlsberg! Far better than KEO... tastes a lot like Tuborg.

Yes.. prefer Latsia's finest ... that is Carlsberg.

Reh Rabbittoh ... the obvious solution to your predicament ... drink even more Keo reh (if such a thing is possible)

Re bill he will stop cooking now ...........he was marinating him self with KEO before start cooking now

[bill cobbett]

By Stefanos Evripidou
Published on June 1, 2011

STAFF AT the church-controlled wine and beer maker KEO yesterday went on strike following management’s rejection of a Labour Ministry mediatory proposal regarding plans to lay off 150 employees.

The company had announced in February that it was planning to lay off a significant number of staff, estimated to be about a quarter of the workforce, due to the effects of the economic downturn.

According to unions SEK and PEO, specific proposals were tabled such as voluntary redundancy based on compensation packages used in 2006, which were rejected by the company.

After the ministry got involved to mediate between staff and management, the company “unfortunately, maintained the same unacceptable stance”, said the unions.

A mediatory proposal was tabled by the ministry last Monday which put compensation at 50 per cent of 2006 levels. The next day, yesterday, the company rejected the proposal saying it would go ahead with immediate layoffs.

The Employers and Industrialists Federation (OEV) yesterday condemned the “provocative” strike measures, calling on the unions to cease immediately before causing further disruption to the company and remaining positions of staff.

While no one doubted the drastic drop in the company’s turnover, the unions still demand compensation to the tune of €5.2m while the ministry suggested €2.5m, said OEV.

The ministry’s mediating proposal was made in the knowledge that KEO could not accept it, thereby exposing the ministry’s handling of the situation, added OEV.

According to the company’s 2009 annual report, KEO employed 572 permanent staff, costing €13.9 million in salaries and €2.7 million in provident and pension fund contributions.

The group’s turnover for 2009 was €54.6 million, around €10 million less than the previous year. In 2009, KEO posted a net loss of €3.7 million.

http://www.cyprus-mail.com/cyprus/keo-s ... s/20110601

WHAT AM I GOING TO DO????????

GO GO GO Carlsberg! Far better than KEO... tastes a lot like Tuborg.

Yes.. prefer Latsia's finest ... that is Carlsberg.

Reh Rabbittoh ... the obvious solution to your predicament ... drink even more Keo reh (if such a thing is possible)

Re bill he will stop cooking now ...........he was marinating him self with KEO before start cooking now

Perhaps he can also start washing, bathing and hosing down the patio with it...