Italy unions agree health measures with CNH Industrial for restart

Published 04/16/2020, 01:19 PM
Updated 04/16/2020, 01:20 PM
© Reuters. The truck and tractor maker CNH Industrial NV releases Q4 and FY results
STLAM
-
EXOR
-
CNH
-
RACE
-

MILAN (Reuters) - Italian trade unions said on Thursday they had agreed with CNH Industrial on health and security measures so the vehicle maker is ready to resume work as soon as lockdown rules are eased.

Italy has extended limits on movement and manufacturing to curb the spread of the coronavirus until May 3, although Prime Minister Giuseppe Conte said he would continue to assess daily infection trends and "act accordingly".

This has raised expectations that some manufacturing, even though not deemed essential, could resume beforehand, provided health and safety measures were in place to protect workers.

CNH, which makes farm machinery, Iveco commercial vehicles, construction equipment and powertrains, has shut most of its assembly plants in Europe, North America and South America.

The FIM, FIOM, UILM, FISMIC, UGLM and AQCFR unions said in a joint statement that the measures agreed with CNH were the same as those in a similar deal finalised last week with automaker Fiat Chrysler (MI:FCHA).

They include rearranging assembly layouts, staggering shifts, testing workers' temperatures and providing face masks.

"The deal will be in force until the end of the emergency and is open to future amendments," the unions said.

CNH (MI:CNHI) will start offering employees voluntary blood tests at its pilot plant in the northern Italian city of Bolzano, where it produces military vehicles, unions said.

Both CNH and Fiat Chrysler (FCA) are controlled by EXOR (MI:EXOR), the holding company of Italy's Agnelli family.

© Reuters. The truck and tractor maker CNH Industrial NV releases Q4 and FY results

Agreements with unions on health and security measures to allow for a production restart have been also reached at Ferrari (MI:RACE), another Exor-controlled company, and at FCA's former unit Marelli.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.