Home / Knowledge / News / Fashion / Trade Unions to start CIGS procedure at IT Holding
Trade Unions to start CIGS procedure at IT Holding
Mar '10
The Extraordinary Commissioners of IT Holding S.p.A. in a.s. announced that they have reached and signed the Group's agreement with Trade Unions to start the procedures for the activation of the CIGS (social safety net).

The agreement allows to accelerate the activation of social safety nets to protect all employees of the company, and it is connected to the business plan aimed at ensuring a solid future for the Group's companies, through the enhancement of its three business units, "ITTIERRE", "MALO" and "GIANFRANCO FERRÉ".

The confrontation on the business plan with the Trade Unions was characterized by a strong sense of responsibility that has allowed to reach an agreement on adopting the necessary social safety nets with the aim of promoting the possible relocation and the future retraining of all resources involved.

The parties have agreed on the future steps to implement the CIGS at local level.

In this regard, the parties will jointly ask for the involvement of the Molise Region, in order to implement and fund the retraining of the personnel involved in the CIGS procedure, and to develop new business opportunities and local employment. These actions will be aimed at encouraging the potential absorption of the personnel working in the Molise industrial plant.

IT Holding S.p.A.

Must ReadView All

Courtesy: Nine West

Fashion | On 17th Jun 2018

ABG wins bid in Nine West Holdings auction

Authentic Brands Group (ABG), owner of a global portfolio of...

Courtesy: Kreussler

Textiles | On 17th Jun 2018

USDA certifies Kreussler's solvent as biobased

The US Department of Agriculture (USDA) has certified Kreussler's...

Courtesy: ITUC

Textiles | On 17th Jun 2018

Democratic space shrink & corporate greed are rising: ITUC

Shrinking democratic space for working people and unchecked corporate ...

Interviews View All

Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Amiben Shroff

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search