Personnel urge Sanofi to shell out benefits before handing stake
The staff and employees of Sanofi Bangladesh Ltd have demanded the French multinational enterprise provide all advantages to the personnel before handing the complete stake of its regional product to Beximco Pharmaceuticals.
The Sanofi Bangladesh Limited Workers-Staff members Association (SBLWEA) alleged SBL was exiting the united states without giving any compensation to its employees.
In a statement, Sanofi Bangladesh, however, "Because the beginning of the process, Sanofi has consistently reaffirmed that our personnel' interests will be essential in the ultimate selection of the customer of the stake in the business."
The briefing came after Beximco Pharmaceuticals announced on Thursday that it was set to obtain 54.6 % stake in Sanofi Bangladesh for approximately Tk 400 crore, since it looks to develop its merchandise base and diversify into new areas.
With this, the French pharmaceuticals giant will exit Bangladesh ending its existence in the united states that spans more than six decades, since it has been struggling to contend with local companies.
There remain 1,000 employees working in Sanofi Bangladesh.
Speaking at the press briefing in the Dhaka Reporters Unity in the administrative centre, Sanjib Kumar Chakraborty, standard secretary of the SBLWEA, said, "Sanofi is departing the country by retailing its shares, nevertheless they are not ready to give any sort of financial reimbursement to its staff."
There is a sharp intent to deprive most officers and employees of provident fund, gratuity, personnel participation fund, pension and compensation, said Chakraborty.
According to him, in the past and recently, many international firms closed local operations or marketed stakes. In each circumstance, the firms paid appropriate compensation with their employees.
The trade union threatened that it could choose tougher actions to realise its require.
"The trade union won't back down or get a compromise. We've clearly explained our in a letter to the country chair and the managing director and also arranged a deadline to meet up the demands."
"We are deeply worried that Sanofi management nonetheless unilaterally chooses on the requirements of the employees with no debate with the trade union. Taking a unilateral decision on the requirements of the employees without the discussion with the authorized trade union can be a obvious violation of countrywide and international labour laws and regulations," Chakraborty said.
Sanofi Bangladesh said, "Even while we had initially focused on 12 a few months of collective employment assurance, Sanofi has now announced that its staff members will keep on the current conditions and conditions which exist today for 3 years from the closing of the purchase. The employees will also continue to possess the same rewards."
"Furthermore, our employees' passions continue to remain important to the finalisation of the process."
Razequzzaman Ratan, president of the Socialist Labour Front, expressed solidarity with the trade union and assured that they would consult with the International Labour Organisation about the demands.
Md Nuruzzaman Raju, president of the SBLWEA, as well spoke at the press conference.
Sanofi owns 54.6 % shares of Sanofi Bangladesh, while the industries ministry holds 25.36 per cent stake and Bangladesh Chemical Industries Corporations owns 19.96 %.
Sanofi offers been operating found in Bangladesh since 1958.
