Approved the financial statements of the Cooperative Ariete: a test of resilience

The general Meeting of the members of the Cooperative Ariete, gathered in a videoconference on the 24th of may 2021, has unanimously approved the fiscal year 2020 in the presence of the vertices of Legacoop Puglia.

“The budget of the Cooperative Ariete is a test of resilience. The few cooperatives in the south are able to tackle the big projects designed in PNRR. Ariete can count on the expertise and professionalism, as a prerequisite for the planning of the future. We strongly support the dignity of each employee and the companies that want to confront this challenge,” said Carmelo Rollo, president of Legacoop Puglia.

“We haven’t stopped during the pandemic to ensure that the Country to our essential services. Close positively the budget 2020 has been an extraordinary achievement, especially in light of the impact hard that the covid has had in every productive sector, but that the Cooperative was able to control with an effort of management and organizational remarkable, thanks to the experience gained in almost 30 years of life and the solidity of its capital structure. We will continue to invest in projects, technology and innovation, and to look to the future with confidence,” said the president of Ariete, Angelo Disabato.

Closed the fiscal year 2020, with a gross operating profit (GOP) equal to 4.1% of revenues, and the net profit is entirely devoted to the heritage of euro 118.058,82. The volume of revenues amounted to euro 28.963.451,00.

Great attention to environmental sustainability, economic and social planning of the actions necessary for the preparation, in the near future, sustainability. Renewed commitment in the context of corporate welfare. Among the initiatives put in the field a door of psychological support and a course for the management of the emergency by covid with the intent of increasing the capacity of resilience to challenges, manage your fears and trauma.