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AlmavivA Contact on the Government’s proposal

AlmavivA Contact on the Government’s proposal

21-12-2016

AlmavivA Contact on the Government’s proposal

Rome, 21 December 2016 - AlmavivA Contact has accepted the proposed deal brokered by the Government and shares its objectives and guidelines, because it commits the parties to tackling, in structural terms, the measures for recovering corporate efficiency and productivity and for the ensuring the ensuing financial security of the Company.

The measures, in line with the concrete indications offered by the Government, and subject to its role as a guarantor of the deal, will be accompanied by adequate social shock absorbers, which will be effectively defined in an agreement concluded by 31 March 2017.