Overview

• Stellantis and Marval reached a binding agreement for the transfer of the Cento site, with the deal signed via Gamma Holding.
• The plant employs about 350 people after a prolonged downturn that has relied on temporary layoff schemes.
• Emilia-Romagna convened a meeting in Bologna on Sept. 15 with Stellantis, Marval, local authorities and unions to assess the industrial plan.
• Unions will demand a credible relaunch with full job protection and have requested an urgent meeting with CEO Antonio Filosa, with the transfer subject to statutory union consultation.
• VM Motori’s Cento operations produce marine and industrial engines and support a qualified supplier network across the provinces of Ferrara, Bologna and Modena.