Beverly Hills 11/24/2009 1:46:59 AM
News / Business

Workers Striking at Russian Bauxite Plant in Guyana

Finance World News Update by EQUITIES Magazine

Roughly three hundred workers are on strike at a Russian-owned bauxite plant in Guyana, demanding that the Bauxite Company of Guyana follow through on its own plan to raise wages and lay off employees.

 

Under the plan, which employees agreed to last week, 75 of the company’s 400 workers would be dismissed in exchange for a 10 percent wage hike requested by the workers. Union spokesman Charles Sampson says the company, a subsidiary of Rusal, the world’s largest producer of alumina and aluminum, is now stalling.

The strike began late Sunday.

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