Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    AI researcher Nate Soares discussing artificial intelligence risks and preventing an AI apocalypse.
    OffbeatVideos

    Nate Soares Says AI Fears Led Him to Stop Retirement Saving

    October 30, 2026 2 Min Read
    Thick smoke rises above buildings in Sana’a, Yemen, following reported airstrikes.
    Top NewsVideos

    Saudi Strikes in Yemen Kill 11 in Sanaa, Sources Say

    October 25, 2026 2 Min Read
    Armed Houthi fighters raise a rifle and fists beside a mounted weapon in Yemen.
    Videos

    Yemen Strikes Kill Three Children, Houthi Agency Says

    October 17, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: German retailer to pay US$ 5m to Baldia factory victims
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Baldia Factory Fire Case Verdict
PhotoNews Pakistan > Business > German retailer to pay US$ 5m to Baldia factory victims
Business

German retailer to pay US$ 5m to Baldia factory victims

Web Desk
By Web Desk Published September 11, 2016 3 Min Read
Share
The Charred Structure of Baldia Factory. Photo: File Photo
SHARE
German retailer KiK has agreed to pay over US$ 5 million in compensation to the families of 259 workers burnt alive in the tragic incident of the Baldia Factory fire.

According to a statement issued by the International Labour Organization (ILO), KiK has voluntarily agreed to pay an additional US$5.15 million to fund the gap, which will top up the statutory benefits due from the Sindh Province Employees’ Social Security Institution to meet the requirements of Convention 121.

The tragic fire at the Ali Enterprises garment factory in Baldia on 11 September 2012 took the lives of more than 255 workers and left 57 workers injured, in the worst industrial disaster in the country.

It added: “An agreement over US$5 million has been reached to provide compensation for loss of income, medical and allied care, as well as rehabilitation, to the victims of one of the worst industrial accidents in Pakistan. It results from the ILO facilitation and coordination of consultations during a recent mission to Pakistan from 25 July to 5 August”.

On requests of the German Federal Ministry of Economic Cooperation and Development and Ministry of Overseas Pakistanis and Human Resource Development, the International Labour Organization (ILO) has been enabling talks with the German retailer KiK, IndustriALL Global Union and the Clean Clothes Campaign since May 2016 to arrive at the compensation arrangement, by the ILO’s Employment Injury Benefits Convention 121.

KiK, Ali Enterprises’ main customer, had already paid US$1 million in emergency compensation in December 2012. The company will start paying the compensation early next year.

Gerd Müller, German Federal Minister for Economic Cooperation and Development, said: “What had not been possible in four years of controversy between the parties has now been achieved through our mediation work and will provide tangible assistance to the victims and bereaved family members.

Commenting on the agreement, Deputy Director General of the ILO Gilbert Houngbo said: “It is satisfying that the ILO facilitated resolution to the long-standing discussions on compensation for workers around the fire of Ali Enterprises is now completed.

Lamenting on the state of industrial and labour laws in Pakistan, stakeholders called for more robust social insurance schemes and a pressing need to improve garment factory safety and inspection procedures and compliance with social security laws to prevent another such tragedy. (PhotoNews / The News)

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Bank Alfalah Pehchan account

Recent Posts

old Bitcoin coin in front of a dark cryptocurrency market chart with red and green candlesticks.

Bitcoin Price Dips After US Midterms as Binance Hack Weighs

Hugh and Crystal attending the Playboy Mansion’s annual Halloween Bash in 2014.

Hugh Hefner Said His Best Pick-Up Line Was His Own Name

Anthropic logo displayed on a smartphone with IPO signs in the background.

Anthropic IPO to Grant Founders 50.1% Voting Power

Post Archives

More Popular from Photonews

US Iran Switzerland talks in Bürgenstock attended by Shehbaz Sharif and Asim Munir
Pakistan

Pakistan-Afghanistan Tensions Could Draw US Role, Rubio Says

2 Min Read
Lahore High Court building with a wooden judicial gavel.
Punjab

IRIS Portal Upload Alone Does Not Count as Legal Service: LHC

2 Min Read
Composite image of President Donald Trump, Israeli and Iranian flags against a tense backdrop.
World

Iran War Could Widen if US Resumes Strikes, Experts Warn

3 Min Read
Gilgit - Baltistan

Dasu Transmission Line: World Bank Panel to Assess 15 Complaints

ISLAMABAD: The World Bank's independent Inspection Panel will visit Pakistan from November 2 to 10 to…

October 31, 2026
Top NewsWorld

Strait of Hormuz: Iran Offers Two-Day Plan for Reopening

TEHRAN: Iranian Foreign Ministry spokesman Esmaeil Baghaei said on Monday Tehran could implement its Strait of…

November 2, 2026
Entertainment

Jennifer Lawrence Discusses Motherhood and Breast Surgery

Actor Jennifer Lawrence has discussed breast surgery and her wish to feel confident as a mother…

October 31, 2026
Top NewsWorld

Italian Helicopter Crash Kills Four in Bosnia Mission

BRCKO: An Italian military helicopter crashed during a European Union peacekeeping deployment in northern Bosnia and…

October 30, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?