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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Leather bear the security ministries and budget lost more than 14 billion dinars

    Rocky
    Rocky
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    Leather bear the security ministries and budget lost more than 14 billion dinars Empty Leather bear the security ministries and budget lost more than 14 billion dinars

    Post by Rocky Sun 06 Oct 2013, 9:46 am

    Leather bear the security ministries and budget lost more than 14 billion dinars





    Sunday, 06 October 2013

    Twilight news blamed the company for leather industries, Sunday, security ministries and the draft budget law for the productive and financial situation deteriorated and the catalog, as the Iraqi legislature abolished the paragraphs relating to the protection of local products and to require State institutions to meet their needs for manufactured goods nationally, said it lost 14 billion Iraqi dinar.



    Company officials said an investigative team of body integrity in a statement for "Twilight", "deleting paragraph (29) from the federal budget law for the year 2013, which obliges federal and provincial ministries and departments not associated with the Ministry to cover the requirements of national products caused the cost the State company for leather industries significant financial losses and depth of production and marketing problems.



    The officials said that the abolition of that paragraph "suspending a number of factories and losing the institution at the forefront of national institutions in marketing and production volume and profitability and strong local and foreign consumer demand for its products".



    The speakers explained that "delete paragraph of budget law has allowed inter to rescind the company's products for overseas markets, despite the result of additional costs to be borne by the State Treasury in foreign currency".



    And according to the company's plants in Kufa stopped working and stopped manufacturing personal protection kits following the build-up of production at its stores to the reluctance of the defence and interior ministries on the contract for the purchase of its processing while the quality specifications and compliance with the conditions of NATO. "



    The "tanning in zaafaraniya laboratory of the company ceased work due to financial problems and the instability of prices of raw leather market and the lack of stable outlets to market production of semi-finished leather.



    Officials said that "the depth of the company's problems and increased in weight loss sagging staff at mid-year (3829) associate together with about 200 contract workers and daily wage.



    And revealed that "the value of the company's expenses in the first half of this year amounted to 19 billion dollars (164) million compared to income of not more than 4 billion yuan (508) million or a loss of 14 billion dollars (655) million, which is expected to be a continuation of this fact at the end of the year to reach about 30 billion dinars".



    Company officials pointed to "going around in circles about two opposite terms are not able to enter the field of competition in the markets of leather industries of hysteresis models as they are unable to develop and modernize their industries lack of financial cover to go for the better."



    They called on the Government to help the company get its implications under the ministries of defence, justice and others ", declaring that they" have decided to reduce the prices of some products to help solve the problem of stockpiled goods such as alkmasal and shoes in the hope of saving some of the required amounts.



    They stressed that "the company's financial troubles hinder their ability to use the media to implement an advertising campaign to promote its products, although the Iraqi media network responsiveness in reducing cost Declaration".



    For its part proposed that the integrity Commission in a report submitted to the Office of Minister of industry and minerals, several proposals to support the company, financially to enable them to keep abreast of developments in production and modernization of production lines and urged Government agencies to meet the need of the company products and assist them in obtaining their debts and help to protect domestic products.



    And founded the first factory for leather industries company in Iraq in 1932 and was already high profits come before 2003 to four billion dinars.



    A survey team to the integrity Commission could point in March, the State company for leather industries from manufacturing to "promoter" of imported products.



    J p

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