Procter & Gamble: P & G not leaving, only shifting [Archives:2002/25/Business & Economy]

Proctor & Gamble Country Manager, Mr. Egons Plavenieks told the Yemen Times that contrary to what has been published recently in the press, the company will not leave Yemen.
It should be clear that P&G will continue its work in the country and all that it will do, is shift regional sourcing, he said.
We will cease production at our plant in Taiz but we will continue to provide all our brands to the Yemeni market through our plants in the region. This will allow us to better serve Yemeni consumers by leveraging the vast resources of our organization in the Arabian Peninsula, he added.
Mr. Abu Ghanim, Human Resources manager said, This restructure will unfortunately result in the layoff of employees, many of which have been working for us since we opened the subsidiary in 1993. We have taken all the steps necessary to ensure they receive the best possible benefits and placement support, going beyond the local industry standard.
Under the new structure, the Yemen market will receive more support from P&Gs head office in Saudi Arabia. P&G was one of the first multinational companies to invest in the Arabian Peninsula in 1956. Its Tide plant in Jeddah was established in 1961 and was the first supplier of consumer goods in the region.
Currently Proctor & Gamble manufactures more than 14 brands at its world class plants in Dammam and Jeddah, where more than 800 employees work. Another 1000 employees work with the distribution of these products in Saudi Arabia, the Gulf countries and Yemen.

——
[archive-e:25-v:2002-y:2002-d:2002-06-17-p:./2002/iss25/b&e.htm]