• 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

"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,

Wrong.

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
@Nemesis

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
@nemesis

It is merely about the cost of doing business and nothing else
Today's headlines
Swedish expert slams Norway terror alert
Terrorism expert Ranstorp and a policeman in Norway. Photos: TT

Swedish expert slams Norway terror alert

A Swedish terrorism expert has come forward criticizing the way Norway has handled its recent terror threat, saying the day the threat began was a "total intelligence failure". READ  

Swedish nurse reported for patient 'death wave'

Swedish nurse reported for patient 'death wave'

A nurse in southern Sweden has been reported for abuse at a senior care centre after she allegedly waved to a colleague with the hand of a recently-dead resident. READ  

Pandas Plopp and Polly born in Swedish zoo
Plopp and Polly, the offspring of Pandora the panda. Photo: Kolmården

Pandas Plopp and Polly born in Swedish zoo

A pair of red panda cubs have been born in central Sweden, a wildlife park announced on Monday. READ  

Green Party ranked 'most gay friendly' in Sweden

Green Party ranked 'most gay friendly' in Sweden

The Green Party's views are 88.6 percent "LGBT-friendly", a Swedish LGBT rights group claimed on Monday, making the Greens the most gay-friendly of all Sweden's parliamentary parties. READ  

Man held on suspicion of murdering wife
Police on the scene. Photo: Johan Nilsson/TT

Man held on suspicion of murdering wife

Updated: Police arrested a man in Copenhagen on the suspicion of killing his wife, whose body was found at the couple's home in southern Sweden during the weekend. READ  

Arlanda, Stockholm
Lightning bolt grounds flight to New York

Lightning bolt grounds flight to New York

Swedes bound for New York learned on Monday morning that their plane had been cancelled after it was hit by lightning during Sunday's thunderstorm. READ  

Elderly Swedish man stripped of his 35 cats

Elderly Swedish man stripped of his 35 cats

The County Administrative Board of Skåne has decided to confiscate the 35 cats of an 81-year-old man who was forbidden from having more than nine of the furry felines. READ  

Wild weather set to strike Sweden anew
Photo: TT

Wild weather set to strike Sweden anew

With Sunday's thunderstorm reported as the worst of the year so far, Sweden is bracing for round two on Monday as meteorologists predict more of the same. READ  

Swedish youth suicides hit 25-year high

Swedish youth suicides hit 25-year high

Last year 1,600 people in Sweden took their own lives - and for Swedes aged 15 to 24, the numbers haven't been so high since 1989. READ  

Floods replace Swedish heatwave
The Viking Lines ferry pictured was ripped away from the dock as a result of the storm. Per Gustavsson / TT

Floods replace Swedish heatwave

The Swedish summer was washed away on Sunday as thunderstorms caused chaos in Stockholm, including torrents of water flooding down stairways at metro stations. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Gallery
People-watching, June 26th - 28th. Get inside Stockholm's hottest nightclubs
Gallery
Top ten Swedish taboos
Society
Seven-year-old Swede cycles to Berlin
Politics
'Gaza conflict needs help, not empty rhetoric'
Society
Swedes voted 'most beautiful' in the Nordics
Blog updates

27 July

Approaching Stockholm (Around Sweden in a kayak) »

"I woke up in the comfort of my own little cabin on Eva and Rolf’s boat, it was 7:30am and I was feeling a bit groggy after a couple of beers with all the lovely locals the night before. The previous day had really taken its toll on my body and I was very stiff and..." READ »

 

24 July

Sharing our Pride: Celebrating Love & the LGBT Community! (Stockholm in my American Heart) »

"It’s mid- July in Stockholm, and with much of the city on vacation, things can seem a little quiet – the streets, the bus, and the grocery store. One thing that has not paused for a summer break, though, is preparation for Stockholm’s Pride Festival, which will take place from July 28 to August 2...." READ »

 
 
 
Business & Money
Sweden demands EU clarity on Bitcoin tax
National
Swedish organic sales enjoy 'amazing' growth
Photo: Johan Nilsson/TT
Society
What's On in Sweden
Gallery
People-watching July 23
National
Swedish cops elect not to shoot 'angry elks'
Business & Money
New alcohol retail rules threaten micro-breweries
Gallery
People-watching Båstad
Business & Money
Sweden falls to third in global innovation index
Society
Swedish ornithologists keep webcam watch
Photo: Andreas Nordström/Image Bank Sweden
Gallery
Top ten Swedish beach hot spots
Tech
Swedish Wiki vet sets new content record
Photo: Fastighetsbyrån
Lifestyle
In Pictures: The Local's Property of the Week
Photo: Finest.se
Gallery
People-watching July 15-16
Photo: Ola Ericson/Image Bank Sweden
Society
What's On in Sweden
Photo: Lisa Mikulski
National
Hope springs eternal for expat pet shop owner
Gallery
Princess Estelle steals limelight at mum's birthday
National
Swedes risk infants' lives by covering up prams
National
Swede runs for office just using Bitcoin funds
Sponsored Article
Introducing... Your finances in Stockholm
Sponsored Article
Introducing... Housing in Stockholm
Latest news from The Local in Austria

More news from Austria at thelocal.at

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 Denmark

More news from Denmark at thelocal.dk

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

739
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:
www.swedishdowntown.com
If you want to drink, that’s your business.
If you want to stop, we can help.

Learn more about English-language Alcoholics Anonymous in Sweden. No dues. No fees. Confidentiality assured.
AA-EUROPE.ORG/SWEDEN
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se