The Limited Times

Fca reassures the unions, the merger with Psa does not block investments in Italy

12/20/2019, 5:20:30 PM


The meeting between FCA and unions ended after the signing of the agreement with Psa for the merger. Palombella (Uilm): no plant closures (ANSA)

The 5 billion investment plan for Italy goes on. The head of the European activities of FCA Pietro Gorlier in the meeting at Mirafiori requested by the trade unions after the signing of the agreement with Psa for the merger, said union sources present at the meeting.

"Full employment by 2022", Fim general secretary Marco Bentivogli announced, at the end of the meeting between FCA and trade unions after the signing of the agreement with Psa for the merger.

"The 3.7 billion euro of annual savings, to be achieved at full capacity with the Fca-Psa merger, will be achieved not with plant closures, but above all with economies of scale on investments and supplies. Our task remains to be vigilant on possible employment repercussions, since each merger by its nature involves both opportunities and risks, "said Rocco Palombella, general secretary of the Uilm after the meeting between FCA and trade unions.

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