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MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE (KOSDAQ)  >  Finetek Co Ltd    131760   KR7131760001

FINETEK CO LTD

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Finetek : Down to the ground after 426-day smokestack protest

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01/12/2019 | 08:47am EDT

The labor union of FineTek, a maker of display equipment, and the management reached a labor deal Friday, while two workers staged a sit-in on top of a smokestack at a power plant for more than a year in protest of layoffs. The unionized workers of FineTek had been waging the protest atop the 75-meter smokestack at a combined heat and power plant in northwest Seoul for about 14 months, calling on the management to keep its promise on job security.

With the deal, the workers ended the protest Friday. The protest marked the longest sit-in on top of a smokestack in the country's history.

The two workers went on a hunger strike last week as well, raising concerns about their health. The deal came about a half month after the management and labor kicked off their negotiations over how to keep the workers on the payroll.

(Yonhap) The deal came about a half month after the management and labor kicked off their negotiations over how to keep the workers on the payroll. Yonhap .

(c) 2019 Korea Times Co. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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01/12FINETEK : Down to the ground after 426-day smokestack protest
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Financials (KRW)
Sales 2019 -
EBIT 2019 -
Net income 2019 -
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 -
Capi. / Sales 2019 0
Capi. / Sales 2020 -
Capitalization 28 267 M
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NameTitle
Won-Il Gang Chief Executive Officer & Director
Byung-Hoon Yoo Co-President & Director
Jung-Geun Shi Co-President & Director
Chang-Wook Park Director & Senior Executive Director
Chul-Yong Jung Outside Director
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