Jordanian company shuts its doors, leaves 52 employees out of work

Jordan

Published: 2019-05-21 15:43

Last Updated: 2019-05-21 16:20


Jordanian company shuts its doors, leaves 52 employees out of work
Jordanian company shuts its doors, leaves 52 employees out of work
Roya News Source

A Jordanian company specialized in producing saline solutions decided on Tuesday, May 21, 2019, to shut down, lay off 52 employees and terminate all its contracts with all the distributors, drivers, water transporters and gatekeepers.

The company said that it will pay all financial entitlements to employees according to the Jordanian Labor Law.

It explained that the continuous losses it incurred because of its inability to compete with Turkish goods, which are highly supported by the Turkish government, and because of the absence of laws that protect national industries that caused those losses, all have made the company unable to continue operating.

The company confirmed that it has made all efforts and had addressed the Jordan Chamber of Industry, the Minister of Industry and representatives of the medical sectors and medical supplies, but in vain.

The company pointed out that it is not the only company that was affected by the loss of government tenders; however, several other factories were also influenced because the goods entering Jordan are exempted from customs and all fees.

The tenders were referred to the importers of these goods, where there was a variance in the prices when compared to the Turkish products due to the high costs of production, operation, fees, and taxes.