Officials stressed that the path ahead holds guarantees, not just a temporary remedy, as the Minister overseeing Industry, Trade and Tourism spoke with workers about the ongoing efforts to stabilize local factories and the jobs they sustain. The discussion centered on an overarching viability plan, dependent on employer consensus and prompt execution. The minister underscored the aim to shield workers and keep industrial activity vibrant, avoiding a slide into uncertainty as production lines operate and contracts undergo renegotiation.
The head of the industry portfolio affirmed a commitment to stand with the labor force that helps steer the region’s economic trajectory. In Toro, recent events touched the lives of 300 families, and the official outlined a timetable prioritizing the plan’s completion by the forthcoming Monday, with immediate steps needed to unlock short‑term progress. A proposed 130 million euro package would allocate 80 million to satisfy supplier obligations and 50 million to bolster cash flow and payroll continuity. The objective is to ensure timely wage payments and maintain liquidity that keeps plants running and workers paid without delay.
no plan b
There is no second option, the minister told the assembly gathered at the Toro plant. The future of the companies rests on the viability plan, and the discussion occurred just before the workers’ meeting for the Syria Foods Cereal facility in Toro. The meeting, slated for early Saturday at the Latorre Theater, would present the preliminary agreement reached in the early hours of Friday. Workers would decide whether to accept the terms that would allow factories to continue operating and to adopt the new requirements if the vote supports them. The aim was to clearly communicate the details of the agreement as approved in principle and to outline the conditions necessary to keep facilities open and productive.
Good luck
The minister noted that several labor demands tied to rebuilding purchasing power eroded during a four‑year pause in wage adjustments. He highlighted that the plan includes measures to close this gap, along with incentives to support employment levels and to reinforce the industrial frame. The investor pledged to invest in facilities at risk, a commitment that would not only sustain viability but also unlock new opportunities for improvement across the sector. The broader objective is to secure a resilient industrial environment, ensuring the region remains competitive while protecting workers and communities that rely on these factories for their livelihoods. A substantial fund—approximately 100 million euros—was referenced as part of this strategy, signaling a concrete path toward stabilizing current operations and laying groundwork for sustainable growth in the years ahead. The minister characterized the plan as a bridge to the future, one that would provide guarantees for workers, suppliers, and the facilities themselves, while inviting ongoing accountability from all stakeholders involved in the restructuring and renewal process. Attribution: Ministry of Industry.