Mercatone Uno: agreement with Cosmo



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IMOLA. Sale of Mercatone Uno: Union bargaining for the sale to Cosmo of mergers of Mr. Business extraordinary administration, composed of 13 sales outlets, spread throughout the national territory, which will operate under the brand Globo, has also been successfully concluded [19659002] The agreement concluded provides for the immediate safeguarding of 285 jobs, out of the 566 included in the transfer scope, which will be increased by another 100 within 24 months of the sale.

With the signing of the 29 June labor agreement with Shernon Holding, which provides for the transfer of 2,019 labor relations and another 300 in the next 48 months, 2,704 employees are protected, or approximately 90% of the total currently occupied by the various companies under extraordinary administration.

Continuation of the activity by the extraordinary commissioners Stefano Coen, Ermanno Sgaravato and Vincenzo Tbadinari, for used by the Ministry of Economic Development until January 13, 2019, will allow to proceed with other disposals , aimed at finding a solution for employees not included in the current transfer schemes.

To this end, contacts have already been established with Anpal, the National Agency for Labor Policies, to facilitate the resettlement of these workers. This led to an important result, to protect workers. The Commissioners express their thanks and thanks to all those who contributed to these important agreements and in particular to the unions, to Dr. Monica Checcucci, Director of Human Resources of the Group, and to the lawyers Rosario Salonia, Fabio Mbadimo Cozzolino and Jacopo Ierussi di Salonia Associati.

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