• Sweden edition
ABB closes Egypt factories over unrest

ABB closes Egypt factories over unrest

Published: 01 Feb 2011 15:46 GMT+01:00
Updated: 01 Feb 2011 15:46 GMT+01:00

Swiss Swedish engineering giant ABB said on Tuesday that it had decided to temporarily shut factories in Egypt due to the continued unrest in the country.

"As a precaution we have closed factories temporarily," a spokesperson for the

group told the AFP news agency.

ABB employs about 1,600 people in the country, where it has an annual turnover of about $300 million dollars, and builds power generation equipment and industrial robots.

Separately, Swedish telecommunications giant Ericsson declared on Monday that it has no evacuation plans for its employees in Egypt, of whom 85 are non-Egyptians.

"Our main focus is the safety of our employees and to be able to support our clients. We follow the situation hourly and see to it that our employees are kept updated," said Ericsson's Fredrik Hallstan.

"Our employees can work from home if they so wish. And if they stay at home they are kept regularly informed over the precautions and recommendations that they should follow," he added.

Hundreds of thousands of Egyptians rallied on Tuesday for the biggest day of protests yet in their campaign to oust President Hosni Mubarak.

TT/AFP/The Local (news@thelocal.se)

Don't miss...X
Left Right

Your comments about this article

23:35 February 1, 2011 by Nemesis
Exporting European jobs to unsable countries is not in our best interest.

These jobs should be brought back to Europe.
06:31 February 2, 2011 by warriorwithin
@Nemesis.The jobs are not exported, only the product is. Most companies have their design and engineering dept in europe and only have sales teams in developing countries.
08:53 February 2, 2011 by voidplay
It is funny when you call them "European jobs" because most of European economies are export oriented.

So most of these jobs are from non-European countries (especially in the case of Ericsson).

But now that they are facing competition from the emerging economies, they are forced to do more sustainable business with the rest of the world.

The fear of the Chinese in Europe is the based on the following - what if they turn out to be just like us, or the Japanese :-), what if they monopolise our markets but shut us out of our jobs. (does it ring Ericsson, Scania, Skanska, ex-Volvo or Saab)
10:06 February 2, 2011 by Nemesis
@ warriorwithin,


Those European jobs building industrial robots and power plant generation equipment were exported starting two dcades ago and finalising a decade ago, by closing assembly lines in Switzerland, Netherlands, Sweden, UK, Italy and Germany. That hit suppliers in the entire EU. The majority of the goods made on the assembly lines in Egpyt are exported to Europe.

The jobs should be brought back to Europe to give jobs to European workers and to help with our balance of imports-exports.

Also the components they make for wind power generators should not be made in unstable countries without a fully fledged democracy. We are building massive amounts of alternative energy sources in Europe and we should not be relying on countries which have to have civil unrest to have a change of leader.

Our power generation should be supplied internally from Europe.

@ voidplay

Egpyt is nowhere near China and in fact is nothing to do with China. China is in the far east and Egpyt is in Africa.

As for European markets, Chinese companies will never send more than token production out of China as they know the consequences that would befall them from the Chinese authorities.
10:22 February 2, 2011 by voidplay

In the case of Huawei VS Ericsson that is not very true - inspite of labour being expensive in Sweden compared to China.

I assume that when you said 'bring back the Europen jobs' you were meaning only the ones from Egypt ?
11:21 February 2, 2011 by Nemesis
@ voidplay.

I mean all of them. we have to many unemployed in Europe to play stupid neo-liberal economics games.
16:22 February 2, 2011 by voidplay

It is merely about the cost of doing business and nothing else
Today's headlines
Florida 'mystery knight' dies in Sweden
Michael Boatwright (R) and Medieval knight re-enactors.

Florida 'mystery knight' dies in Sweden

The "motel mystery" American who baffled US authorities by only speaking Swedish when he woke up from a coma last year has passed away, Swedish media reported on Wednesday. READ () »

Swedes open coffin of 850-year-old king
Photo: Bertil Ericson/TT

Swedes open coffin of 850-year-old king

UPDATED: Scientists pried open the 850-year-old casket of King Erik the Holy on Wednesday, hoping to find out more about the king, his crown, and his eating habits. READ () »

TeliaSonera announces first-quarter profit drop
TeliaSonera CEO Johan Dennelind. File photo: TT

TeliaSonera announces first-quarter profit drop

Stockholm-listed telecom operator TeliaSonera on Wednesday said profits had fallen in the first quarter, but hoped offering customers more data solutions in the future would turn things around. READ () »

'Imperfect EU better than revolting nationalism'
Fredrik Reinfeldt. File photo: TT

'Imperfect EU better than revolting nationalism'

Swedish Prime Minister Fredrik Reinfeldt on Wednesday urged young voters to head to the European parliamentary polls on May 25th "to cure the European disease of nationalism". READ () »

Ericsson quarterly profit defies sluggish sales
Ericsson CEO Hans Vestberg at the first quarter press conference. Photo: TT

Ericsson quarterly profit defies sluggish sales

Swedish telecom giant Ericsson on Wednesday announced a drop in sales but posted a sharp rise in first-quarter profit, which nonetheless fell shy of analyst predictions. READ () »

Fatal Norrköping brawl
Four brothers held as cops fear brawl reprisals
Photo: Johan Nilsson/TT

Four brothers held as cops fear brawl reprisals

Swedish police fear that several people involved in a brawl in eastern Sweden on Monday night may be seeking revenge after two brothers were shot dead. READ () »

Sponsored Article
Beautiful pearls of southeast Sweden
The town of Västervik.

Beautiful pearls of southeast Sweden

Ask a Swede, and they are likely to say that their favourite holiday spot is in the southeast of Sweden. Eastern Småland and Öland offer a smörgåsbord of all the things dearest to the Swedes - from the beloved children's book author Astrid Lindgren to deep forests, long sandy beaches, perfect spots for that all-important 'fika', and a surprising amount of space, peace and quiet. READ () »

Weekend weather to bring summer warmth
Swedes enjoy hot dogs and cherry blossoms in Stockholm's Kungsträdgården. Photo: Jessica Gow/TT

Weekend weather to bring summer warmth

The sun is set to stick around and temperatures could climb into the twenties over the weekend, Swedish meteorologists said on Wednesday READ () »

'Day-care rapist' admits molesting eight kids

'Day-care rapist' admits molesting eight kids

A 21-year-old man confessed on Wednesday to sex crimes against eight children at a day care where he was working as an intern. READ () »

Swedish cops nab man for having big muscles
An unrelated bodybuilder. File photo: Ann Törnkvist

Swedish cops nab man for having big muscles

Police in Sweden's south who hauled a muscular man in for steroid testing have had their knuckles rapped, after it was ruled that big biceps cannot be grounds for narcotics suspicions. READ () »

Inside the 850-year-old king's coffin
Sponsored: South-eastern Sweden offers Öland beaches and more
Swedish underwear shop puts staff in front of the camera
IN PICTURES: The Local's Property of the Week - Täby
Sponsored: India+Sweden Week - India Unlimited
Sponsored: India+Sweden Week - A film, food, and finance feast
University applications rocket to record high
People-watching April 18-20
Kids in Victorian garb mark Swedish Easter
Swedish MP ordered chemtrail probe
Swedish supermarket Ica pulls contested Easter commercial off air
Swedish royals set baptism date for princess
People-watching April 16
Who's the prime minister's heir?
Alfie Atkins
Are children's books the key to families integrating in Sweden?
'Sweden Dem protests cater to party's martyr image'
'Swedish research grants were fantastic, but now it's like Australia'
Only in Sweden: The ten problems you'd never encounter elsewhere
Swedes stopped to take my picture, but didn't look me in the eyes
Business & Money
A swipe of the hand replaced cash and cards in Lund
Video: Oliver Gee finds out how to embrace The Swedish Hug
Abba duo hints at reunion
Flash mobs hug it out across Sweden
People-watching April 11-13
Stockholm School of Economics
Sponsored Article
Why a bachelor's degree is no longer enough
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Blog Update: The Diplomatic Dispatch

28 October 15:16

The Green Growth Group Summit »

"Today on the 28 October in Brussels, a large group of key EU Ministers and business people, including UK Secretary of State for Energy and Climate Change Edward Davey, and Swedish Environment Minister Lena Ek, will meet to discuss green growth. They all have a stake in resolving a challenge which, although it is crucial..." READ »

jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit: