Toksoz signs agreement with Italian Government
Turkey’s Toksoz Group has reached a deal to keep the Pernigotti factory in Italy open, avoiding a potential rift with the Italian government. Toksoz made headlines in
2013 after announcing it had purchased the 159-year old Italian chocolate producer. It caused a stir again last year after announcing it would shutter the factory and move it to Turkey. According to daily DUNYA, Italian Deputy Prime Minister and Labor and
Industry Minister Luigi Di Maio announced the agreement. “This problem started when the previous government was in power and was solved in record time. There will be no loss of business, and as I always say, people who work for a brand and make it great will not be fired,” said Di Maio, President of the Five Star Movement, a coalition partner in the Italian government. Pernigotti is known as the oldest and chocolate producer in Italy.