CONFORMED
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant To Rule 13a-16 Or 15d-16
Of The
Securities Exchange Act of 1934
For the month of September 2005 Commission File Number 1-11854
NATUZZI S.p.A.
(Translation of Registrant's name into English)
Via Iazzitiello 47
70029 Santeramo, Italy
(Address of principal office)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
(Check One) Form 20-F x Form 40-F
---- ---
(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
(Check One) Yes No X
--- ---
(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b). 82-__.)
Natuzzi S.p.A. Calls Back about 90% of the Workers Temporarily Laid off at the
Italian Factories
SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Sept. 26,
2005--Natuzzi S.p.A (NYSE: NTZ), world leader in leather upholstery
and Italy's largest furniture manufacturer, informs that starting from
the second half of October 2005 it will call back about 90% of the
workers that were temporarily laid off at the Italian factories
("Cassa Integrazione") from last June.
The Group, in fact, plans to fully re-utilize the production
capacity in its plants located in the Southern area of Italy, namely
Puglia and Basilicata, in order to reduce the order back log
accumulated during the production summer closing and provide for the
seasonal increase of the order flow reported in the last 2005 quarter.
Pasquale Natuzzi, CEO and Chairman of the Board, commented, "The
recall from Cassa Integrazione is a positive signal for our Company,
but the market is still difficult and uncertain".
"The goals of the Restructuring Plan announced last May" added
Pasquale Natuzzi "are confirmed: Reduce manufacturing costs in Italy,
improve productivity and increase overall efficiencies so to become
more competitive, recover profitability and regain market share
especially in the medium-high end of the market where we are investing
in the Natuzzi brand. At the October market at High Point in United
States Natuzzi will present its new and charming collection that has
already received encouraging comments from our customers."
ABOUT NATUZZI S.P.A.
Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. designs and
manufactures a broad collection of leather-upholstered residential
furniture.
Italy's largest furniture manufacturer, Natuzzi is the global
leader in the leather segment, exporting its innovative, high-quality
sofas and armchairs to 135 markets on 5 continents. Cutting-edge
design, superior Italian craftsmanship, and advanced,
vertically-integrated manufacturing operations underpin the Company's
market leadership.
Since 1990, Natuzzi has sold its furnishings in Italy through the
popular Divani & Divani by Natuzzi chain of 136 stores, which it
licenses to qualified furniture dealers. Outside Italy, the Company
sells to various furniture retailers, as well as through 145 licensed
Divani & Divani by Natuzzi and Natuzzi stores, including 6 Kingdom of
Leather stores.
Natuzzi S.p.A. was listed on the New York Stock Exchange on May
13, 1993. The Company is ISO 9001 and 14001 certified.
CONTACT: Natuzzi S.p.A.
Investor Relations Department
Tel. +39 080 8820.812
E-mail: investor_relations@natuzzi.com
CONFORMED
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
NATUZZI S.p.A.
(Registrant)
Date: 26th September 2005 By: /s/ GIUSEPPE DESANTIS
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Giuseppe Desantis