Beko’s Italian comeback: agreement ensures jobs and industrial renewal

Beko’s Italian comeback: agreement ensures jobs and industrial renewal

Business

A framework agreement has been signed between Beko Europe, the Italian government, regional authorities, and social partners regarding the industrial transformation plan for the company's sites in Italy — formerly owned by Merloni and Whirlpool, CE Report quotes ANSA.

“The agreement,” the company states, “which follows an 88% approval rate by workers' assemblies in recent days, represents a structured path for the reorganization and relaunch of the Italian plants, with the goal of ensuring long-term sustainability and competitiveness.”

Regarding Beko, "this is an important, historic agreement to effectively manage this industrial transition while safeguarding the extraordinary strength of 'Made in Italy', which, in fact, becomes the driving center in Europe for this major multinational."

This was stated by Adolfo Urso, the Minister for Enterprises and Made in Italy, at the conclusion of the roundtable where the agreement officially closed the Beko dispute.

“All plants will remain operational, and there will be no layoffs, though in some cases, voluntary incentivized departures may occur,” he added.

Tags

Related articles

Romania Open for Business
Amid rising economic pressures, including increased interest rates and fears over losing European funds, Romanian Economy Minister Ivan emphasized the need for calm and stability.
Bulgarian Nurses Protest for Better Conditions
On International Nurses Day, May 12, the Union of Bulgarian Medical Specialists (UBMS) will stage a protest in front of the Ministry of Health at noon, announced UBMS Chair Maya Ilieva during a round table on Bulgaria’s healthcare issues.
Investor Exodus Over Political Turmoil
Investor fears are mounting as Romania faces a deepening currency crisis, driven by political instability, according to economic consultant Adrian Negrescu.
Bulgaria Reports Q1 Budget Deficit
Bulgaria’s revenues under the Consolidated Fiscal Programme reached BGN 16.83 billion in the first quarter of 2025, or 18.6% of the annual target, the Finance Ministry reported.