Stm withdraws redundancy programme for Agrate

No redundancies at Agrate. The STMicroelectronics group, according to sources present at the table at Mimit, announced the withdrawal of the cuts plan that concerned the plant on the outskirts of Milan. On the contrary, at the meeting at Mimit with ministers Adolfo Urso and Giancarlo Giorgetti, attended by the Sicilian and Lombardy regions and the metalworking unions, the company also confirmed its investments in Catania (2.6 billion lire in the three-year period 2025-27) and the Lombardy site (1.4 billion lire in the same three-year period), which will remain a strategic pole centred on the production of mems.

In the evening, the agencies recorded the government's first comments at the table, the acknowledgement of the first step forward on redundancies and caution on the relaunch of employment and investment objectives: 'The acquisition by Stmicroelectronics of the Mems division of Nxp "is a strategic turning point for Agrate, which will refocus on Mems with prospects for employment recovery and reduction of redundancies," said the Minister for Enterprise and Made in Italy, Adolfo Urso. "However, what was outlined at the previous meeting remains unacceptable, especially with regard to industrial, financial and employment sustainability," the minister added. For this reason, "we have asked Stmicroelectronics to present a more solid plan today, with investments to make up the accumulated delay and, above all, to give guarantees on the redundancy front".

"Renouncing the logic of redundancies, commitment to an assertive industrial plan, adequate investments also for Agrate, which must become a strategic pole for the company. We need to bet on growth, as of now,' Urso asked in his speech, addressing the company. 'On this we expect clear answers and concrete commitments, to be formalised in a programme agreement as has already happened for Catania,' the minister concluded.

A line that also seems to be shared at the level of the Lombardy Region: 'We can finally see that today there has been a step forward; well, now it is possible to reason seriously,' said the Lombardy Region's councillor for Economic Development, Guido Guidesi. 'It is necessary,' he continued, 'to work immediately on the medium-term plan and it is our duty to do so together with the company, the unions and the government, which is also the shareholder. The Lombardy site of Agrate Brianza must become structurally strategic with investments in new technology, research and adequate production levels. Agrate must also be at the centre of the 'Chips act 2.0' using the entire Lombardy ecosystem. We, as the Region, will continue to be proactive and supportive because we are convinced that we can win the global market challenge in semiconductors also thanks to the Agrate site'.