Insider Business Pittas Dairy Industries ceases operation

Pittas Dairy Industries ceases operation

Pittas Dairy Industries, whose name for generations became synonymous with kefalotyri and halloumi, ceased operations on Friday.

Employees turned up to work at the factory in Nicosia, but were unable to do so because no milk had been delivered.

The appointment of the temporary receivers expired on Thursday. The banks are understood to have frozen the company’s accounts today.

The 75 employees have asked through their trade unions for letters of dismissal so that they can apply for unemployment benefits.

A liquidation order has still not been issued, so employees cannot yet apply to the insolvency fund which covers salaries for up to 13 weeks.

Employees have not received their December and 13th salaries nor any wages for work in January.

Founded in 1939,  Pittas is one of the oldest dairy companies in Cyprus and at one point held 48% of the local halloumi market.

Things took a downturn after a fire gutted a newly built factory in 1999.

Read more

https://in-cyprus.com/the-fire-that-ruined-pittas-dairy-industries/

Top Stories

Britain’s Banksy depicts U.S. flag on fire in Floyd tribute

  Reclusive British street artist Banksy published a new artwork online on Saturday which depicts the United States flag being set alight by a candle...

What U.S. police are shooting at protesters

  Police across the United States are using a variety of weapons on protesters during demonstrations against the death of an unarmed black man in...

Cyprus, Greece working together to promote tourism, says Perdios

  Cyprus Deputy Minister of Tourism, Savvas Perdios, underlined that Cyprus and Greece send the message that they have successfully  contained the COVID-19 pandemic, to...

Ministry issues guidelines for operation of gyms

    As part of efforts to prevent the spread of coronavirus, the Health Ministry has unveiled guidelines for the operation of gyms ahead of their...

One death, no new coronavirus cases

    A 68 year old man with coronavirus had died, the Health Ministry said on Saturday as it also announced no new positive cases for...

Taste

Poulles (Υoung kolokassi)

Either you thrash the coriander seeds in a mortar, without making them into dust, or you gradually crush them in a blender. Remove the edges...

Pork cooked in wine

Crush the coriander seeds in a pestle and mortar or pulse-blend in a blender, taking care not to over-grind. Put the meat in bowl (not...

Lefkaritikos tavas – O ‘protinos’

Wash and dry the meat and rice separately. In a ‘tava’ (oven proof deep clay pot) first put a layer of five-six pieces of meat...

Local cuisine: An introduction

Rich in fresh ingredients and tasty herbs, offers the very best of Mediterranean culinary delights. Head out to a tavern and feast on a...