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This is an archive article published on August 18, 2005

Unilever shuts Nepal plant

Consumer goods major, Unilever, shut its plant in southern Nepal following a threat from Maoists, officials said on Wednesday. The firm clos...

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Consumer goods major, Unilever, shut its plant in southern Nepal following a threat from Maoists, officials said on Wednesday. The firm closed its plant indefinitely following fears of a rebel attack linked to the All Nepal Trade Union Federation, which is demanding higher wages.

The Federation of Nepalese Chambers of Commerce and Industry urged the withdrawal of the Maoist threat since the closure would affect 1,500 workers.

Hindustan Lever Ltd controls 80 per cent stake in Unilever Nepal, part of Anglo-Dutch Unilever Plc. —Reuters

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