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Recupero Etico Sostenibile S.p.A ( (IT:RES) ) has issued an update.
RES S.p.A. has received approval from Invitalia for a Productive Investment Program to establish a new production unit for treating decommissioned vehicle frames in Pozzilli, Italy. This initiative, with an investment of approximately 2.5 million euros, aims to create 22 new jobs and enhance material recovery through advanced automation, supporting the company’s sustainability goals and boosting local economic development.
More about Recupero Etico Sostenibile S.p.A
Recupero Etico Sostenibile S.p.A. (RES) operates in the Circular Economy and environmental sustainability sector, focusing on waste management processes including selection, treatment, transformation, and recycling. Founded in 1989 in the province of Isernia, RES is listed on the Euronext Growth Milan market and is known for its technological research aimed at enhancing environmental protection and worker safety.
YTD Price Performance: -29.47%
Average Trading Volume: 6,969
Technical Sentiment Signal: Hold
Learn more about RES stock on TipRanks’ Stock Analysis page.