The Fedrigoni Group announces its exit from the office business and the consequent closure of Giano, the Fedrigoni company dedicated to this segment. This is a market, especially that of photocopy paper, that has been in decline for years and is dominated by large specialized international groups that, despite having more efficient production plants due to their size and the large volumes managed, have announced in recent years closures and reductions in their production capacity, as a result of the structural decline in market demand. Fedrigoni's decision comes after two years of unsuccessfully searching for partners willing to invest in Giano to relaunch its competitiveness and goes in the direction of allowing the Group to focus investments and resources on the segment of specialty papers for packaging and creative communication, including art and design, in line with the industrial plan.
From 1 January 2025 Giano will cease all commercial and production activities. The people involved are 195: mostly workers of the office paper production, maintenance, materials management and shipping at the Fabriano plant (the only F3 paper machine), the converting unit at the nearby Rocchetta plant (the cutting area), and Giano’s employees.
The Fedrigoni Group is one of the world's leading operators in the production of high added-value specialty papers for packaging and other creative applications, premium self-adhesive materials and RFID solutions.
