A deal between workers and investors to save the Cerreto factory. Read more on Electrolux's website, the agreement was reached at night: half the excesses and the Cerreto factory will not close. The multinational Swedish company guarantees 100 million euros in investments in Italy and 32 million pieces produced.

In the evening, an agreement between Electrolux and the metalmechanical unions was found at the Ministry of Industry and Made in Italy. The understanding, matured after weeks of confrontation and a marathon table discussion lasting more than two days between the company and Fim, Fiom, and Uilm, should end the dispute that started in May after Electrolux announced 1,700 excesses and the closure of the Cerreto factory in the province of Ancona. The understanding aims at voluntariness of exits accompanied by economic incentives and industrial and protection commitments linked to the main Italian factories. The satisfaction was expressed by Minister of Industry and Made in Italy Adolfo Urso: 'We have reached our goal, an agreement that protects workers and salvages all Electrolux factories in Italy with over 100 million euros of investments to guarantee long-term production prospects.'

For Samuele Lodi, general secretary of Fiom-Cgil, and Barbara Tibaldi, national secretary of Fiom-Cgil and responsible for the electrical appliances sector, 'the struggle of workers and employees this month has determined an important result. There remains the need to foresee industrial policies for the electrical appliances sector also at the European level to guarantee prospects for a sector that is suffering very much in Italy and Europe.'

The search for a new investor for the Cerreto factory is not the only solution proposed by the multinational Swedish company. Magnus Eriksson, president of the company, has stated that the decision is based on a series of factors, among which the will to maintain long-term production prospects and the protection of workers.

The agreement between Electrolux and metalmechanical unions was announced after a series of meetings and negotiations lasting more than two days. The negotiations were mainly conducted through direct channels, but also through indirect channels where representatives of the parties had the opportunity to discuss and find common solutions. The decision to maintain long-term production prospects was considered as a crucial element for the survival of the electrical appliances sector in Italy and Europe. The multinational Swedish company promised to invest 100 million euros in Italy and 32 million pieces produced, with the aim of guaranteeing long-term production prospects.

This solution was welcomed positively by Minister of Industry and Made in Italy Adolfo Urso, who emphasized the importance of protecting workers and salvaging Italian factories. The understanding between Electrolux and metalmechanical unions was seen as an important step towards resolving the industrial dispute and saving the Cerreto factory.