Word: zalabaromfi
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...Ottoman hordes, devastated by plague and occupied by both the Nazi and Soviet armies. Today, this city of 62,000 faces another catastrophe, all thanks to the woes of its meat factory. Employing 650 people directly and providing a livelihood to hundreds more - from local farmers to shopkeepers - the Zalabaromfi meat-processing plant has long been one of Zalaegerszeg's most important businesses. But the credit crisis has complicated a long-running dispute between Zalabaromfi and Hungary's second largest commercial bank, CIB, over a credit line the plant says it needs in order to keep running. Factory operations have...
...Kiss Tóthné, president of Zalabaromfi's work council, says the looming shutdown would hit particularly hard because many of Zalabaromfi's employees are 50 or older and have few other options in the region. "And there are a lot of couples working for Zalabaromfi, which means whole families will be out of a job," she says. At age 55, Kiss Tóthné worries that for her, too, it will be "impossible to find a new job ... At times like these, I feel that if I had a gun I would shoot myself...
...clerk and mother of one, who asks not to be named. "Zalaegerszeg is a factory town that may soon have no factories. Many people here will have to go to Austria or the U.K. for work." But despite the mounting anxiety, few blame the global forces that have exacerbated Zalabaromfi's predicament. As the IMF offers Hungary financial and technical assistance to stem the flow of millions of dollars in foreign investment out of the country, and to help steady the nation's sinking currency, Hungarians are pointing fingers at people much closer to home. Work-council president Kiss...
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