Vogon Today

Selected News from the Galaxy

StartMag

Leonardo-Finmeccanica, here’s how Cdp and Mise are in the field for Grottaglie (who works for Boeing)

Leonardo-Finmeccanica, here's how Cdp and Mise are in the field for Grottaglie (who works for Boeing)

The potential role of Cdp, Invitalia and Mise to cushion any negative effects for the Leonardo plant in Grottaglie (Taranto) due to the deceleration of Boeing orders. What emerged from the visit of the Deputy Minister Buffagni (M5S) to the plant (which will slow down production)

Cdp, Invitalia and Mise to work to mitigate any negative effects for the Leonardo plant in Grottaglie (Taranto) due to the deceleration of Boeing orders.

This is what in fact emerged from the meetings held by the Deputy Minister for Economic Development Stefano Buffagni (M5S) at the Leonardo plant in the Taranto area that works for the US aeronautical giant struggling with the Covid crisis. Here are all the details

The Deputy Minister for Economic Development Stefano Buffagni (M5S), on the occasion of his two days in Puglia, visited the Leonardo plant in Grottaglie, where two sections of the fuselage of the Boeing-787 civil aircraft are assembled.

“Leonardo is an undisputed international player in aerospace, defense and security thanks to its advanced technological solutions and a complete and innovative range of services. I was really enchanted by the technology that we Italians are capable of expressing and I stayed here longer than expected. Now we have to catch up on the schedule because there are so many appointments scheduled here in Puglia ”declared the Deputy Minister.

THE DECREASE IN PRODUCTION ON THE LEONARDO GROTTAGLIE SITE

“We as a ministry came to confront the company. Clearly the trend of the market curve impacts on the activity and it is being understood how to be able to increase the production of other lines, however, considering the slowdown in air traffic due to the emergency from Covid 19, ″ said Buffagni regarding the current situation of 'company.

The decline in production expected by the company also for 2021 is worrying workers and trade unions. “The government is there, the company – added Buffagni – is aware of the attention we have on this territory, which is a territory of excellence. On this site there are more than 1500 workers, 1500 families, 1500 people who do extraordinary work for our country which must be defended. In the budget law it is necessary to help them ”. The deputy minister said that during the meeting “post-diploma and post-graduate discussions were held in order to understand if there are conditions for investing some start-up accelerator. In our opinion, Covid has imposed a new development model and many young people with brilliant ideas can directly develop ideas here and create added value ”.

THE ROLE OF CDP VENTURE CAPITAL

The indirect reference of the words of the pentastellato exponent in the Conte government – according to the reconstruction of Start Magazine – is also in this case the potential role of Cdp Venture Capital is an Sgr (70% of CDP Equity and 30% of Invitalia) which has about 1 billion euros of resources under management. The Sgr aims to make Venture Capital a cornerstone of the economic development and innovation of the country, with attention also to the South, creating the conditions for an overall and sustainable growth of the Venture Capital ecosystem. It operates with a series of funds that aim to support startups in all their life stages, making both direct and indirect investments.

MEANWHILE THE FIRST FRIDAY STOPPING PRODUCTION IN SEPTEMBER BEGINS

Meanwhile, on 11 September, at the Leonardo aeronautical plant in Grottaglie (Taranto), the first Friday of production stop for September. The suspension is part of a business plan which, due to Covid and its impact on the aeronautical market, has already led the Apulian plant to stop, with a collective closure and holidays for all staff, from 6 August until the end of the month. “For September”, Davide Sperti of Uilm announces to Agi , “there are three stops for as many on Friday, 11th, 18th and 25th September, and one for Monday 28th September. All departments will stop except one: the subgroups ”.

WHAT WILL HAPPEN IN OCTOBER

The stops on Friday 11 September are linked to the weekend, when there is no operational activity in Leonardo Grottaglie. “For October”, Sperti continues, “nothing has been made official yet. There was a similar stop indication along with another collective closure before the end of the year. We await the developments, but above all we are waiting to know what new production lines Leonardo would be thinking of to support the site's activity which, working on only two sections of the carbon fiber fuselage of the Boeing 787, is in fact a single contract ".

“Yesterday”, continues the Uilm trade unionist, “in the visit that the Deputy Minister Mise, Buffagni, made to the plant while meeting the management, these new possibilities were discussed. But we know nothing, just as no one informed us that the deputy minister would come to the factory for an institutional visit ”.

THE 2021 PLAN IS NOT DEFINED FOR THE GROTTAGLIE SITE

Currently the Grottaglie site, where 1,300 direct employees work – with a very young average age – is holding a production step of ten fuselage pairs (the central and the central rear) per month. In 2019, 14 pairs were also produced. For 2021, the plan – according to union sources – is not yet defined. The production of ten monthly pairs should remain for almost half a year and then drop to 6 per month. ( here the in-depth analysis by Start on the Leonardo plant in Grottaglie)


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/leonardo-finmeccanica-boeing-cdp-invitalia-mise-grottaglie/ on Thu, 10 Sep 2020 13:20:22 +0000.