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This article was published on 16 January 2016 at 13:30.
Imola (Bologna) – Waiting for the ban on disposal of the group, the special commissioners of Mercatone Uno from Mise get the go-ahead to the recovery plan. Within six months, the sales area of the stores of the group will exceed the more than 300 thousand square meters. Expected to be achieved in 2016 a turnover of 500 million.
For the commissioners appointed following the application of the law Marzano (Stefano Coen, Ermanno Sgaravato and Vincenzo Tassinari) there are conditions to lift definitively the fate of the giant distribution and recognize one or more investors are able to shine again a company that until a year ago was on the verge of bankruptcy.
The notice published in June, for the collection of expressions of interest has in fact confirmed the strong focus of Italian and foreign groups are ready to take the reins of the giant Emilia. Gradual return to normality for the approximately 3,700 employees nationwide, after a long period of extraordinary layoff at zero hour, that shock was triggered, in agreement with the unions, for all employees of the stores of which had been arranged temporary cessation.
Within six months there are new re-openings, including Beinasco, near Turin, Sambuceto (Chieti), Misterbianco (Catania) and Arzano (Naples). They will go up to 60 as well, soon, the stores in full operation out of a total of 78. The sale in continuity of the group, for years a leader in Italy in the sector of the sale of furniture, must be made within a year, through European race. To win Mercatone Uno will be available to the group bring to the table a plan, supported by adequate investment, that can guarantee not only the full resumption of activities but also the safeguarding of employment. The deep crisis had brought the big Imola the arrangement to an agreement with a total of 3 thousand creditors. Exhausted by the collapse of the internal market, Mercatone had seen gradually erode revenues – taking them to little more than half a billion – while borrowing had exceeded the threshold of 400 million. An untenable situation that triggered the use of extraordinary administration.
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