American Businesses In Egypt Close Doors
By: VERTEXNews/Newsroom Solutions
Updated: January 31, 2011
CAIRO, EGYPT -- Continuing unrest in Egypt has prompted two powerful companies to cease operations, at least for now.
Coca-Cola Company shuttered its Cairo office on Sunday.
Officials say it won't reopen until security across the city improves.
Food giant Nestle SA has temporarily suspended business as well.
Nestle's Egypt is a large operation, with three factories and three-thousand employees.
Nestle spokeswoman Nina Backes told the "Wall Street Journal" that the company is currently evacuating the families of around 20 expatriates.
(Copyright 2011 by VERTEXNews/Newsroom Solutions)
Coca-Cola Company shuttered its Cairo office on Sunday.
Officials say it won't reopen until security across the city improves.
Food giant Nestle SA has temporarily suspended business as well.
Nestle's Egypt is a large operation, with three factories and three-thousand employees.
Nestle spokeswoman Nina Backes told the "Wall Street Journal" that the company is currently evacuating the families of around 20 expatriates.
(Copyright 2011 by VERTEXNews/Newsroom Solutions)
