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01 June 2020 The on-line newspaper devoted to the world of transports 04:25 GMT+2

January 10, 2002

Government sale of Zim remains in stormy waters

By Avi Shmoul

Staffers at the Zim shipping company said this week that management had promised employees 30 years ago that they would receive compensation of 20 million lira (Israel's old currency) or share allocation should the company be sold. This claim threatens to complicate the privatization of the company as the government undertakes plans to sell ......
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