Who we are Talk to Friulia The group Conference room Download Contact us Transparent administration YOU ARE IN: Home page » Highlights March 27, 2015 Press release Friulia and MetaSystem Group invest together in the development of MW.FEP The capital increase will allow the completion of an important cycle of investments for cost reduction and recovery of production efficiency On Friday 27 March, Friulia finalized the agreement for the implementation of the capital increase of MW.FEP SpA, approved by the Board of Directors of the Regional Finance Company on 26 February last. The signing took place at the company's headquarters in Ronchi dei Legionari, in the presence of the MetaSystem Group President Germano Fanelli and the General Manager of Friulia Carlo Moser. MW.FEP operates in the sector of production services for third parties of electronic, electrical and electromechanical equipment and is part of the MetaSystem Group of Reggio Emilia, active in the automotive and telematics sectors, with a turnover of approximately € 210 million and 1,200 employees. The share capital of MW.FEP thus increases overall to 11 million euros. Friulia, already present in the Ronchi company since 2008, holds 16.91%. Carlo Moser, General Manager of Friulia, declared: “we believe in the potential and excellence of the local industry; this further intervention is part of this framework and aims to allow the company to innovate and become more competitive in an increasingly demanding global market. Fundamental in this regard was the integration of MW.FEP into MetaSystem Group, which together with Friulia is betting on strengthening the Ronchi dei Legionari center of excellence, which employs about 270 employees. " Germano Fanelli, Presidente di MetaSystem Group, ha così commentato: “MetaSytem Group ringrazia Friulia per la fiducia accordata e per il continuo supporto fornito durante questi anni a MW.FEP. L’aumento di capitale di quest’oggi è una concreta dimostrazione del comune impegno a realizzare il piano di investimenti e sviluppo del prossimo biennio. MW.FEP persegue un processo di miglioramento continuo della qualità e dell’efficienza attraverso l’addestramento e formazione del management e di tutto il personale, importanti investimenti in sistemi e processi di produzione tecnologicamente avanzati e la riduzione dei costi di gestione per offrire ai propri clienti una gamma di servizi di produzione affidabili e competitivi.” Germano Fanelli e Carlo Moser « elenco highlights Friulia Spa - via Locchi, 19 - 34143 Trieste - Tel: +39 040 31971 - Fax: +39 040 3197400 Share capital euro 276,698,533.50 - Tax Code and VAT number 00051580322 - Trieste Chamber of Commerce 62893 PEC: mail@cert.friulia.it graphics: Innuendo Agency