Italian boss leaves factory workers $2.4m in will

File photo of euro notes spread out at the Belgian branch of the Industrial and Commercial Bank of China in Brussels.
File photo of euro notes spread out at the Belgian branch of the Industrial and Commercial Bank of China in Brussels.PHOTO: REUTERS

ROME (AGENCE FRANCE-PRESSE) - Workers at an Italian factory were delighted by an unexpected Christmas bonus, receiving cheques for thousands of euros bequeathed to them by their late boss who died last June, reports said yesterday.

Mr Piero Macchi, the founder of Enoplastic, which produces screwcaps, synthetic corks and labels for drink bottles, changed his will shortly before he died, leaving staff at the company's Bodio Lomnago plant in the Italian Alps a total of €1.5 million (S$2.4 million).

"It was all managed by his wife Carla, my mother, who sent a touching letter of thanks with each of the cheques," Mr Macchi's daughter Giovanna, the current joint manager of Enoplastic, told Corriera della Sera newspaper.

The cheques landed just before Christmas, with new staff receiving €2,000 and the oldest staff €10,000 - and some workers got even more when Mr Macchi knew they needed it.

Mr Macchi, a lover of both good wine and machinery, turned a hobby into a lucrative business when he founded Enoplastic in 1957 - the company now produces 2.5 billion units a year and exports to more than 80 countries.

A version of this article appeared in the print edition of The Sunday Times on January 10, 2016, with the headline 'Italian boss leaves factory workers $2.4m in will'. Print Edition | Subscribe