Tanta Flax And Oil Company
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The Tanta Flax and Oil Company is an
Egypt Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediter ...
-based manufacturer of
flax Flax, also known as common flax or linseed, is a flowering plant, ''Linum usitatissimum'', in the family Linaceae. It is cultivated as a food and fiber crop in regions of the world with temperate climates. Textiles made from flax are known in ...
products in the city of
Tanta Tanta ( ar, طنطا ' , ) is a city in Egypt with the country's fifth largest populated area and 658,798 inhabitants as of 2018. Tanta is located between Cairo and Alexandria: north of Cairo and southeast of Alexandria. The capital of Gharbia ...
,
Gharbia Governorate Gharbia Governorate ( ar, محافظة الغربية ', ) is one of the governorates of Egypt. It is located in the north of the country, south of Kafr El Sheikh Governorate, and north of Monufia Governorate. Its capital is Tanta, which is 90&n ...
.


History

Founded in 1954, the company was nationalized in July 1961. It was owned by the Government of Egypt until sold to a private interest in 2005 at below market-price. Protests and legal actions have occurred to reverse the sale. In September 2011, a legal action to reverse the sale succeeded but failed to be implemented by the Egyptian Government during the tumultuous political environment of the
Egyptian Revolution of 2011 The 2011 Egyptian revolution, also known as the 25 January revolution ( ar, ثورة ٢٥ يناير; ), began on 25 January 2011 and spread across Egypt. The date was set by various youth groups to coincide with the annual Egyptian "Police ho ...
and
2012–13 Egyptian protests 1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. I ...
. Failure to execute a court order to re-nationalize the company led to an Egyptian appeals court to endorse a verdict on 3 July 2013, the same day of the
2013 Egyptian coup d'état The 2013 Egyptian coup d'etat took place on 3 July 2013. Egyptian army chief General Abdel Fattah al-Sisi led a coalition to remove the democratically elected President of Egypt, Mohamed Morsi, from power and suspended the Egyptian constitut ...
, to dismiss
Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
Hesham Qandil Hesham Mohamed Qandil (also spelled: ''Hisham Kandil''; ar, هشام محمد قنديل  ; born 17 September 1962) is an Egyptian engineer and civil servant who was Prime Minister of Egypt from 2012 to 2013. Qandil was appointed as Prime ...
of his duties and sentenced him to one year in prison. In late September 2013, the Cairo Misdemeanor Court endorsed the sentence against Qandil and he was arrested on 24 December 2013. On 13 July 2014, the Court of Cassation accepted Qandil's appeal and abolished the verdict to imprison him for a year, to remove him from his job and to fine him 2,000 Egyptian pounds ($285). He was subsequently released on 15 July 2014.


References

{{Authority control Manufacturing companies of Egypt Flax Agriculture companies established in 1954 Manufacturing companies established in 1954 Former government-owned companies Egyptian companies established in 1954 Gharbia Governorate