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Gianni Lettieri made the decision to institute “500,000-euro Fund” for Atitech’s employees

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Gianni Lettieri
Gianni Lettieri made the decision to institute “500,000-euro Fund” for Atitech’s employees

Gianni Lettieri made the decision to institute “500.000-euro Fund” for Atitech’s employees who have been working for the company since at least 10 years. This Fund is meant to cover the starting expenses to professional and entrepreneurial activities of young minds, to contribute to the university fees payments of possible studies abroad and sustain medical costs that social security and insurance institutes do not cover.
Atitech, is the leading independent European Company in the aircraft maintenance sector. The company is launching a new initiative to sustain employees and their families in three specific action fields. Gianni Lettieri states “ We are particularly focused on providing our personnel with better health coverage as well as giving an extra thought on the professional future of their children that still is the main issue for Southern Italy fathers and mothers”.
Specifically, the Fund that Atitech instituted acts on the microcredit principle. It will cover the starting expenses to professional and entrepreneurial activities of young minds, contribute to the university fees payments of possible studies abroad and sustain medical costs that social security and insurance institutes do not cover. As Lettieri explains: “Each single loan can cover up to 30.000 euros to be refunded in maximum 100 monthly rates at a fixed annual rate of 1.5 per cent “.
The employee, who wants to catch this opportunity should fill a simple form to be sent to the company to be evaluated by a commission made of the CFO, the General Manager, the Maintenance and HR Directors. Once approved, the President Lettieri will give the final authorisation to process the loan. As the Atitech’s CEO affirms: “ The best way, to avoid the Italian Mezzogiorno continue to look for a full time job, is helping young people to start their own business, leveraging on their skills. This is how we are going to fill the gap between South and Northern Italy.