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Pop Vicenza, Mion: “1.500 structural redundancies. More money after Atlas”

The president Gianni Mion raises the alarm: "It will not be easy to manage them". The business plan "we hope to do so within the next two months"

Popolare Vicenza, the president Gianni Mion launches the redundancy alarm: “We have 1.300-1.500 redundancies – said the president of Banca Popolare di Vicenza – and this is a structural redundancy, it is not a temporary thing. Perhaps we made the mistake of not saying it right away, but now we are not in a position to wait”.

"We have to convince the trade union organizations that we have these redundancies for which we have to find a solution", he added, explaining that it will not be possible to manage them only with the funds available to the banks for states of crisis. Banca Popolare di Vicenza has about five thousand employees.

In addition to the redundancies chapter, Mion - who spoke on the sidelines of the presentation of business cooperation between Space2 and Avio - specified that more money will be needed, in addition to the recapitalization with the Atlante fund, to relaunch the bank. Everything will be clarified with the industrial plan: "We hope to do it in the next two months," he underlined. To those who asked him if the recapitalization carried out by Atlante was sufficient, the manager explained that “to relaunch the bank we need safe money. How many? The plan will tell." At the moment, however, no contacts have been made with new investors because "the plan comes first".

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