Beko Meeting with Urso-Fabio: Plant Rental Fee in Siena Impedes Industrial Revival
2025-01-28 14:48
On Friday, January 27, 2025, Italian Minister of Economic Development Adolfo Urso met with Beko Italia CEO Hakan Fabio to discuss the obstacles hindering the revival of the company’s Siena plant. Among the factors impeding growth, the high rental fee for the facility emerged as a significant concern.
Beko Italia, a subsidiary of the Turkish home appliance manufacturer Arçelik, acquired the plant from Whirlpool in 2022. The facility, which had been closed for two years, was expected to resume production in 2023, creating around 700 new jobs. However, the high rental fee, reportedly over €15 million per year, has cast doubt on the feasibility of the plant’s reopening.
Fabio expressed his dismay over the excessive rental fee, stating that it “threatens the economic viability of the entire project.” He urged the government to intervene and find a solution that would allow Beko Italia to operate the plant at a sustainable cost.
Minister Urso acknowledged the company’s concerns and emphasized the government’s commitment to supporting industrial revival. He stated that the government would “explore all possible avenues to facilitate the restart of the Siena plant while ensuring that the interests of the state are protected.”
The meeting also focused on the broader challenges facing Beko Italia and the home appliance industry in general. Fabio highlighted the need for government support in terms of research and development, innovation, and energy efficiency incentives.
Urso expressed his appreciation for Beko Italia’s investment in Italy and reiterated the government’s willingness to work together to address the industry’s challenges. He stated that the government was “committed to creating a business environment that fosters growth and competitiveness.”
The outcome of the meeting is expected to have a significant impact on the future of the Siena plant and the home appliance industry in Italy. Beko Italia has stated that it will continue to assess its options and make a final decision on the plant’s future based on the government’s response.
Beko, incontro Urso-Fabio: canone affitto stabilimento Siena ostacolo a rilancio industriale
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