It’s the first time production relocated abroad is brought back to Italy. On October 10, Natuzzi Spa, world leader in leather furniture, signed a “historical” restructuring agreement with the CGIL, Cisl, Uil, Fillea-CGIL, Filca-Cisl, Feneal-Uil, Filcams-CGIL, Fisascat-Cisl and Uiltucs-UIl unions, the unitary trade union representation body, the Ministry of Economic Development, the Ministry of Labor, the National agency for inward investment promotion, Invitalia, the Apulia region, the Basilicata region, and the Confindustria employers’ organization. The group presented a new industrial plan to the trade unions on July 1, targeting major cuts to transformation and labor costs, by rationalizing production and logistics in Italy. This agreement terminates the negotiations for the plan and provides, among other things, that 700 of the 1,726 excess workers will be recruited by new businesses where Natuzzi will transfer production currently done in Romania. From the management of raw materials to design, production, delivery and sale, Natuzzi controls its entire production chain and exports 90 percent of its sales to 123 countries. (Ref. 130618)
Industrial plan. Strongly affected by the crisis in the Italian furniture industry, which had a major impact on the “upholstered furniture district” (see article No. 130111) in Murgia (between the Bari, Tarente and Matera provinces), worsened by unfair competition, repeatedly denounced by the group, the country’s largest furniture company has 4 production sites in Italy: Matera Iesce (Matera), Ginosa and Laterza (Tarante), and Santeramo Iesce (Bari). The plan provides for the cessation...
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