Court Fines EGYTRANS CEO EGP 18 Mln On Customs Violation

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Egyptian Transport (EGYTRANS) – (ETRS.CA) announced that a court verdict was released on Monday against company’s CEO alongside other board member to pay EGP 18 million fine over customs and import violations.

It is worth noting that EGYTRANS announced that the company has recently obtained Port Said Free Zone’s approval in order to add food products packaging to re-export with allowing packaging material.

EGYTRANS also added that the project would help to enhance the company’s volume of business in the free zones and would also lead to have more commodities in such zones.