In line with the target to carry out a strategic repositioning of the Group, focusing on the most value-added business opportunities in the field of smart services and solutions applied to the energy efficiency sector, both in the field of electricity and mobility applications and asset management and in the field of the intelligent system for the recovery of natural resources, the Board of Directors of TerniEnergia S.p.A. – a company listed on STAR segment of Borsa Italiana – has today resolved to intervene on the activities related to engineering for the photovoltaic systems and energy saving and reduce the costs related to the industrial site of Nera Montoro (TR), which has high fixed costs and both commercial and logistic problems, structural and ineliminable.  

On the basis of the above mentioned reasons, the Company is therefore forced to proceed with a collective redundancies procedure which will involve a total of no. 66 employees, all currently operating at the Nera Montoro industrial site.

Of this resolution of the Board, the Trade Unions (as well as other relevant stakeholders) have been regularly  informed today, and the Company will initiate in the coming weeks a discussion, which is hoped to be constructive, with the same Trade Unions.