Brief: Arcelik Says Nearly 2,000 employees May Be Impacted By Changes in Italy Operations, Talks To Continue With Unions and Employee Representatives

Arcelik

21/11/2024 06:13

Nov 21 (Reuters) - Arcelik AS  ARCLK.IS :
    * ARCELIK AS -  GOAL TO POSITION ITALY AS A STRATEGIC HUB IN
INDUSTRIAL DESIGN FIELD AND  COOKING APPLIANCES CATEGORY
CONTINUES
    * ARCELIK AS -  IT IS PLANNED TO INVEST 110 MILLION  EUR IN
OUR
ITALY OPERATIONS FOR UPCOMING PERIODS
    * ARCELIK AS -  IT IS EXPECTED THAT CARINARO WILL CONTINUE
TO BE
CENTER FOR SPARE PARTS AND REFURBISHMENT
    * ARCELIK AS -  A RIGHTSIZING OF CERTAIN PRODUCTION
OPERATIONS IN
LAUNDRY AND COOLING CATEGORIES AT CASSINETTA, SIENA, AND
COMUNANZA IS PLANNED
    * ARCELIK AS -  ALL STRATEGIC OPTIONS, INCLUDING DIVESTMENT,
WILL
BE EVALUATED, WITH GOAL OF CONTINUING PRODUCTION AT THESE
FACTORIES UNTIL END OF 2025
    * ARCELIK AS -  DISCUSSIONS WILL CONTINUE WITH UNIONS AND
EMPLOYEE
REPRESENTATIVES FOR NEARLY 2,000 EMPLOYEES EXPECTED TO BE
AFFECTED BY PROCESS ACROSS ALL OPERATIONS IN ITALY

Source text:  ID:nIKA74yrCq 
Further company coverage:  ARCLK.IS 

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