(Finance) – The rehabilitation and revitalization plan of the Coin group is ready, With the protection of all jobs, thanks also to the entrance of Invitalia in the corporate capital. In the next few days the company will deposit the plan at the Court. This is what emerged today on the occasion of the technical table that was held at Mimet, On the indication of the Minister of Business and Made in Italy, Adolfo Urso, with the aim of overcoming the financial difficulties manifested by the company, who in recent months had led to the start of the competition procedure.
“We support the relaunch of this historic commercial group with conviction – said Minister Urso – and we will continue to monitor carefully so that the restoration path end with the full protection of the 1,390 workers involved “.
Mimit reports that during the meeting – which saw the presence of the company, of the Regions concerned and the trade union organizations – it was communicated that Invitaliathrough the Companies’ Safeguard Fund, it approved an intervention of ten million euros, equal to 30.1% of the capital. An injection of liquidity that is added to the 23.2 million euros from the new investors, Sagitta Sgr and Mia Srl, and, residually, by the current shareholders of Coin.
During the comparison, The CEO has communicated that 330 agreements with creditors have already been concluded, over 60 percent of the company’s debts, testifying to the climate of trust that accompanies the relaunch of the Italian retail chain, which has 34 direct shops and 130 stores in Italy and abroad.
In line with what has already been communicated in previous meetings, The workers involved in the closure of the stores of Rome Length, Bufalotta and Latina have been relocated to other points of sale. The same will take place for employees of the Rome Termini store, which will close on May 31, thus avoiding the use of social safety nets. The Bologna store will cease on 31 July, but the search for a new headquarters in the area is underway. That of Vicenza, however, will remain operational throughout 2025: in the meantime we will work to identify a stable and lasting solution for the store.
The table will be reconvened in the