Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Italy’s Sacconi Says Some Fiat Workers Should Share in Profit

Fiat SpA workers at the Pomigliano plant should be able to share in the company’s profit from the site, Italian Labor Minister Maurizio Sacconi said today.

“Pomigliano is an important investment that is being carried out not with public subsidies, but through workers’ willingness to boost production,” Sacconi said at a conference in Rimini, Italy. “As a result, these workers acquire the right not only to benefit from the fruit of their labor in terms of salary but also in the results of the company as well.”

Fiat SpA Chief Executive Officer Sergio Marchionne has agreed to invest 700 million euros ($890 million) in Pomigliano in an effort to revamp the company’s least efficient factory. He’s faced opposition from unions over his conditions of limiting strikes and increasing shifts at the site in southern Italy. Fiat is shifting production of its popular Panda model to Pomigliano from Poland to keep the plant operating.

Sacconi echoed comments yesterday by Raffaele Bonanni, head of the CISL labor union, who called on Fiat to allow Pomigliano workers to express their opinion on management decisions.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.