TUESDAY, 8 SEPTEMBER 2026
Ticker

Tycoon leaves workers 1.5 mn euros in will

Workers at an Italian factory were delighted by an unexpected Christmas bonus, receiving cheques for thousands of euros bequeathed to them by their late boss who died in June, reports said. Piero Macchi, the founder of Enoplastic, which produces screwcaps, synthetic corks and labels for drinks bottles, quietly changed his will shortly before he died, leaving staff at the company's Bodio Lomnago plant in the Italian Alps a total of 1.5 million euros ($1.64 million). "It was all managed by his wife Carla, my mother, who sent a touching letter of thanks with each of the cheques," Macchi's daughter Giovanna, the current joint manager of Enoplastic, told Corriera della Sera newspaper.

The cheques landed just before Christmas, with new staff receiving 2,000 euros and the oldest staff 10,000 -- and some workers got even more when Macchi knew they needed it. Macchi, a lover of both good wine and machinery, turned a hobby into a lucrative business when he founded Enoplastic in 1957 -- the company now produces 2.5 billion units a year and exports to more than 80 countries. "We always think of ourselves as a big family and this Christmas present is a sign of that," one worker told the Varese News newspaper.

SHARE ON

Voice of reason

Increasing tourist numbers will put a strain on Goa, not boost revenue

Published Jan 10, 2016, 12:00 AM IST
SHARE ON

It may not go down well with many, especially those with government connections, but it is a statement that will hit home and resonate with others in Goa. Francisco Braganza, the president of the Travel and Tourism Association of Goa has decried a statement made by the minister for tourism, that the forthcoming tourist season will see 7.5 million tourists. Braganza claims that this number will lead to a heavy load on Goa’s infrastructure and will destroy the state’s…

READ MORE

Keep Reading — More from EDITORIAL

3 more related stories queued · tap to continue reading

Home HOME News GOA NEWS Global GLOBAL GOENKAR Search SEARCH