Lafarge Jordan Cement confirmed that the demands being made by its retired employees, who went on a 3-day strike starting last Monday in front of the Company's headquarters in Shmeisani, are legally void. Lafarge Jordan Cement affirmed that according to the agreement signed with the General Trade Union of Workers in Construction at the time, the retirees, who left the Company in the years 2000 and 2001, have received all of their entitlements and signed their official and final discharges, hence fully releasing Lafarge Jordan Cement from any further responsibilities.
Lafarge Jordan Cement explained that the strike forced the Company to shut down its headquarters, thus denying employees access to their offices and significantly crippling the Company's operations. Lafarge Jordan Cement is in the process of coordinating with all involved parties in order to resume its activities as soon as possible, so as to preserve the best interests of the Company and its employees.
Lafarge Jordan Cement believes that the Hashemite Kingdom of Jordan is a country which protects the rights of law-abiding companies. It also stressed that this strike has hindered Lafarge Jordan Cement's operations, negatively impacting the Jordanian construction sector and reflecting a discouraging image of the local investment environment, which consequently is detrimental to the national economy.