Press Release

UMBRAGROUP expands its employee share ownership opportunity.

40 New Employees Become Shareholders of Their Company

On December 10th, 40 UMBRAGROUP SpA employees officially became new shareholders of the company.

In the presence of Reno Ortolani, Chairman of UMBRAGROUP’s Board of Directors, and Beatrice Baldaccini, VP of UMBRAGROUP, each employee formally signed their name in the company’s shareholders’ register.

UMBRAGROUP was the first company in Umbria, back in 2008, to introduce a widespread employee share ownership plan, an initiative then repeated in 2011. With the addition of 40 new shareholders in 2024, the total number of employees holding company shares has now risen to 70.
UMBRAGROUP aims to foster an inclusive and participatory work environment, where every employee can feel like an integral part of the company’s success.

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