Novares Group

Novares Group - An agreement has been reached in Monaco between the management and employees of Foreplast the subsidiary of the Novares Group which had announced its closure. Based in Monaco since 1955, the group announced a few months ago that the company would cease its activity despite the 6.5 million euros in profits made in 2018. Since then, employees, backed by unions, the Monegasque State and the Principality's Labor Directorate, have been fighting for their leaving conditions to be revised. The details of the agreement have not yet been released.

 

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