Establishing or participating in the founding, purchasing or contributing to companies that carry out any of the company’s purposes inside or outside the Arab Republic of Egypt or may cooperate in achieving or developing any of its purposes, without prejudice to the provisions of applicable laws, regulations and decisions, and on condition that the necessary licenses are issued to practice these activities
The company’s management believes in the importance of human resources as one of the company’s important assets. It has provided protection and preservation (insurance) of its employees by covering the risks of personal accidents that the workers are exposed to over a period of 24 hours (whether in working hours, or holidays inside or outside the company) The number of employees who have received benfits are 201 employees and the compensation that was paid to them amounted about 6.701 million pounds From the beginning of the insurance on 1/12/2012 until 6/30/2020.In addition , Eastern has added new coverage by concluding a contract on March 1, 2020 with the major international insurance companies (Allianz). This insurance document is broader and more comprehensive, as workers and their families benefit from it, in order with add natural death to that insurance document in addition to the previous benefits in the personal accident document.
According to the Eastern company’s continued efforts to achieve protecting environment and preserving the common health and as a commitment by the company to apply the environmental requirements of Environment Law No. 4 for the year of 94 and it’s amendments and executive regulations through implementing and maintaining the internal environment in its factories and the external environment surrounding the company in the purpose of achieving sustainable compatibility of its environmental conditions, these points are representing in some projects as following:
In the interest of the company’s management to fulfill its social responsibilities towards society, which it considered a mandatory responsibility, this year it participated as a sponsor in many different scientific and cultural conferences and seminars besides making many donations to institutions, NGOs and hospitals. The company’s management also plays its role towards the state by paying taxes and customs fees. The state’s share in profits is on legal dates. The following are the most important conferences, seminars and donations that the Eastern Company paid to the state in terms of taxes and customs fees this year as follows:
Conferences, seminars’ and workshops that the company participated in during the current year 2019/2020:
-The ISO 9001-certified The company was established on July 12, 1920 by a decree from Sultan Ahmed Fouad, and its capital at that time was 25 thousand pounds for tobacco, which was the land of it, the instigator of the new production of cigarettes, and with the rise and success of the young company, the Armenian Cigarette Company in Egypt surrendered to Dukhan with the Eastern Company. The latter made efforts to contain the Egyptian smoke industry until it surrendered to it in 1927. Institutions: Melkonian, Jamsrajan and Ibekian from the Armenians, and Sousa, Makhridis and Papatholigo from the Greeks, as well as the founder of my foundation Maspero, brown, brown, brown, brown, brown, brown, brown business, brown, brown, brown, brown, brown, brown, brown business, new activities, direct or direct activities, engaged in the creation of an institution in the name of the institution in the institution of a manager’s job “Lifetime”, and the company stipulated a sale to them, not only in Egypt, but also in Sudan, Palestine and Syria for a period of five years. It is worth mentioning that some Armenians had established several small factories between 1927-1930 for a small exhibition, and after nationalization, the Tajt “Matousian” market The owner of “Cleopatra” cigarettes, under the banner of “Al-Sharqiya Tobacco”, welcomes the shareholding company for cigarettes in Egypt.