Outgoing chief executive officer Massimo De Alessandri will remain involved with the Marangoni Group for at least “the next few months,” the Italian retreading company confirmed to Tyres & Accessories. His continued engagement covers a “phase of the organisational transition,” including the appointment of new chief executive officer Dino Maggioni.
Dino Maggioni has been named the new chief executive officer of the Marangoni Group. He succeeds Massimo De Alessandri in this role and was appointed by the company’s board after approval was granted at a shareholder meeting. During the meeting, the company’s statutory charter was also modified to increase the number of directors to eight board members.
Dark clouds currently hang over Via del Garda in Rovereto, Italy. Around 290 workers at the Marangoni Group’s headquarters site have been on strike since yesterday, prompted by a decision taken by their representative union last Friday. The workers are fighting for the future of their jobs and fear for the future of their employer. According to local media, company CEO Massimo de Alessandri has described Marangoni’s situation as “increasingly difficult.” Many of those affected are questioning the company’s future and worry that Marangoni plans to lay off up to 50 per cent of the site’s workforce. Speaking with Tyres & Accessories, de Alessandri stated that such a reduction is a matter “of pure speculation” promoted by insecure workers and unions.
Marangoni S.p.A. has provided additional details about the recently-announced commercial vehicle tyre retreading joint venture it has commenced with Indian rubber recycling company GRP Ltd. According to the Italian retreading specialist, the aim of the joint venture is to “establish a pan-Indian network of tyre retreaders able to spread the quality of the Marangoni system to commercial vehicle fleets.”
As the deadline approaches for a possible extension of the labelling requirements already in force for new tyres to also include retreads, the retreaded truck tyre segment is rapidly evolving both in regards to performance and the level of uniformity and efficiency that must be guaranteed in order to comply with an evolving legislative situation. With its constant commitment to innovation and development of new product and process technologies for truck and earthmoving tyre retreading, the Marangoni Group has recently introduced and started implementing a multi-year investment plan worth around 8 million euros aimed at modernising the various production departments at its Rovereto plant.