Tuesday, September 30, 2008

South Parkbutters Quotes

The Summit Siltal bankruptcy is the last stop

ECONOMICS. The meeting at the Ministry of Labour revealed the dire state of the property

There is no money to meet the commitments and is gone the hypothesis of acquisition by the British group

Vincenzo Pittureri
a sledgehammer. The summit which was to show the way of salvation for Siltal it proved yet another step to deepen an ordeal of torment without end. The meeting yesterday at the Ministry of Labour in Rome (this, among others, the Regional Councillor Donazzan), instead of re-emergence of the company via Trozzetti the quicksand in which it is submerged, but likely to declare the final terminus for the establishment of the city.
"The findings were clearly negative, perhaps even worse than we thought - he admits Massimo Pantano on behalf of FIM CISL - In the capital, was submitted on behalf of the property entrepreneurs Caraffini, who candidly admitted that he money to meet commitments, deadlines, and especially to the many employees who claim entitlement backward not them. He told us that these days is committed to sell certain assets and personal place to try to collect some 'liquidity and cash groped for the weld to weld. "
"There has already been used in the past this kind of promise - continues Pantano - without honor them once. By then we do not believe him and most certainly will not wait forever. The same owner has ensured that, if all goes as expected, in mid-October should begin to collect a bit 'of money, but frankly none of us is an illusion that is really so. "
Caraffini, meanwhile, reported another detail on the matter, for that matter even more depressing and demeaning.
"Yes - hang up the union - told us that the fund English seemed seriously interested in taking over the group Siltal and for which he had already defined a hypothetical recovery plan which was to take a few days ago, has evaporated."
With the apparently more credible buyer who was made of fog, the outlook for the company Bassano (but also in other Italian sites) are very harmful.
"At this point I think we are headed toward bankruptcy. Unless miracles I see no alternative - explains Pantano - This afternoon at 14 we will gather at the meeting with the workers before the factory to assess the next steps together. However, the intention for now is to get employees to sign an order for payment which likely will end with bringing the company into insolvency. Against an operation that could provide a few more days of time to find our contacts for a while ' of money. We are moving towards this solution and now seems obvious to me. "
are about a hundred employees Siltal that more than three months do not receive salaries, neither the whole nor pay the fees in a large number of layoffs. An untenable situation for workers who have dependent families and now, beyond rhetoric, with empty pockets for too long, really struggling to make up a plate of pasta for lunch. At this point the Siltal is going to end in a precipice

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