Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Indesit: Reorganization Plan Includes EUR 83 Million Investment in Manufacturing in Italy
Jan 3, 2014
 Printable format
 Email this Article
 Search

An Indesit Company reorganization agreement was signed on Dec. 16, 2013, at the Ministry of Economic Development (MiSE) in Rome. Representatives from MiSE, the regional administrations of Le Marche and Campania, trade unions, and Indesit Company were on-hand for the signing.

The agreement includes plans for investments of EUR 83 million in Italy for more value-added production and use of welfare support to safeguard employees.

The agreement was reached after six months of talks and approved by a large majority (80%) of voters in a referendum on the plan organized by employees.

The EUR 83 million in investments will be initiated in January 2014 and enable an almost complete redesign of Indesit appliance lines for better performance and to make the products more competitive.

The investment will also help strengthen the group’s manufacturing base in Italy. Manufacturing reorganization projects will be implemented during the 2014-2016 period in the company's three Italian industrial clusters.

The Fabriano (Ancona) site will be the exclusive production center for premium built-in ovens. The site will also take over production of:
• premium ovens currently made in Poland
• small ovens made in Spain
• special cooking products

The Comunanza (Ascoli Piceno) plant will serve as the center of innovation and production for high-end, front-loading washing machines.

The Caserta facility will be the exclusive production center for premium built-in refrigerators. The plant will also take over production of:
• premium built-in refrigerators currently made in Turkey
• built-in gas hobs currently produced in Fabriano, some of which were originally scheduled for production in Poland

The use of "social shock absorbers," made possible by the agreement between the parties and subject to approval of the Ministry of Labour and Social Policies, will enable production to be reorganized while protecting employees.

Back to Daily News

 

Daily News

...........................................................

Oct 6, 2014: User-installable burner launched to protect against cooking fires

Oct 3, 2014: Big August increase for new home sales

Oct 3, 2014: DOE rejects AHRI petition over walk-ins standard

Oct 2, 2014: Consumer confidence down in September

Oct 2, 2014: LG gas dryers first to get 2015 Energy Star certification

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows