Gaggio tech, the CIGS are over, the time for exits has come
After the agreement last July, the exits and the Naspi will begin for the end of the operational branch in plastics. The one for metals remains active with Minifaber which will absorb about 40 employees.
Gaggio Tech, formerly Saga Coffee, a company based in Gaggio Montano, is undergoing reorganization. The firm's industrial reconversion from coffee machine production to plastic and metal manufacturing is nearing completion, with 79 workers set to leave and receive support through the Naspi program. Around 40 employees will remain in the metalworking division and be reassigned to Minifaber.
The company, which originated from Saeco, has undergone significant changes since its peak of nearly 2,000 employees, including acquisition by Philips and a decline that led to the closure of Saga Coffee in 2021.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
