New stakeholders
“With the lifting of many of the travel restrictions that characterized the first phase of the pandemic”, he continued, “we have already collected the interest of various other subjects, with whom we have the appropriate interlocutions started in these days“. The procedure for the sale of the business complexes therefore restarts, “but not from scratch”, Nicastro emphasized: “The preparatory work on data room is already done, while we will set very tight deadlines for the stages of due diligence and submission of offers: we will formalize these aspects with the publication of a new announcement shortly ».
No comment on the merits, however, on the decision of the Government of divert investments intended for the remotely piloted system P.1HH on further P.180 aircraft: “The decision not to finance the drone at this stage has not yet been formalized – he merely observed Nicastro -” while the future owner can only express himself on the industrial value of the project “.
Positive balance sheet 2021
Meanwhile, the company, which today employs around 900 people, is preparing to close one of the best businesses in recent years: turnover for 2021 is expected to be around 150 million ni of euros, with a order book, net of the amount already invoiced during the year, which exceeds 500 million euro: an industrial trend that “protects the company from any cash criticality”, specified the commissioner.
Additional orders for approximately 180 million euros, explains a note from the company, “are in the formalization phase and will be announced shortly. On the other hand, 20 orders relating to the P.180 executive aircraft received from both private and institutional customers ».
The union
The trade unions, for their part, are focusing on relaunching the company. “Unfortunately, too much time has been lost with Piaggio, and the responsibility – says Antonio Apa, general secretary of Uilm Genova – does not lie with the commissioner, who has done an excellent job. But of those who thought they could buy the Piaggio with a few pennies and set unacceptable conditions for the purchase. Furthermore the government is not playing an important role to reach a conclusion to this story ».