Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Italy’s Sacconi Welcomes Fiat Workers’ Approval of Factory Plan

June 23 (Bloomberg) -- Italian Labor Minister Maurizio Sacconi said he welcomed an agreement between workers at a Fiat SpA factory in southern Italy and the carmaker concerning the plant’s future.

“Now that the deal has been approved, the investment by Fiat will be a logical consequence,” Sacconi told reporters in Rome today.

Workers at the factory in Pomigliano, near Naples, voted 63 percent in favor of the plan, Ansa said today. The accord between the company and all but one of the unions representing its workers may pave the way for 700 million euros in investments for the plant, setting it up to produce Fiat’s new Panda model, Ansa said.

Link to Company News:{F IM <Equity> CN <GO>}

To contact the reporter on this story: Lorenzo Totaro in Rome at ltotaro@bloomberg.net

To contact the editor responsible for this story: Jeffrey Donovan at jdonovan26@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.