by EH
Regional officials in Italy have condemned electronics manufacturer Flex and investment firm FairCap over concerns regarding the future of a major industrial plant in Trieste, citing a lack of transparency and commitment to workers’ job security.
The criticism follows a crisis meeting in Rome, convened by the Ministry of Enterprises and Made in Italy, to address the future of the plant. Flex, which previously operated the facility, has been accused of backtracking on commitments to support its relaunch. Meanwhile, FairCap, which recently acquired the plant, has yet to present a clear industrial plan outlining investment strategies or job security measures for the plant’s 347 workers.
“There is no basis for establishing a serious institutional collaboration with the new ownership,” said Sergio Emidio Bini, the regional councillor for productive activities. He noted concerns over the lack of clarity regarding FairCap’s acquisition and future objectives.
Regional officials emphasized the economic and social impact of the plant’s uncertain future. “This operation appears to have been carried out at the expense of workers, leaving hundreds of families in distress,” said Alessia Rosolen, regional councillor for labor. She also raised concerns that the acquisition may have been structured to circumvent regulatory safeguards.
Flex and FairCap have not publicly responded to the statements. The next ministerial crisis meeting on the issue is scheduled for February 26.
