Bormioli Rocco receives EUR 1.5 million reimbursement from Parma City Council

  Company financial news

In 1993, Bormioli Rocco was obliged to pay Parma City Council a considerable sum of money for purification and sewage services that it had never used. According to the Supreme Court, the Parma City Council must now reimburse Bormioli Rocco EUR 1,493,796.40, together with the accrued interest for the past 24 years.

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Bormioli Rocco will receive a considerable reimbursement from the Parma City Council
The clash between Bormioli Rocco and the Parma City Council started back in 1993, when the City Council demanded that the company pay several million Lira (the currency in use in Italy at that time) for purification and sewage services. Bormioli, however, responded explaining that it had never used these services, because the water it used to cool its furnaces was clean water coming directly from the Naviglio canal, and without therefore passing through the city sewage system.
The City Council, on the other hand, continued to insist and Bormioli Rocco was obliged to pay the amount requested, but it did not waste time in asking for the money back, arguing its case. And this was the start of the legal ‘battle’ that today, after almost 25 years, has concluded with the defeat of the City Council.
Bormioli started to see its reasons acknowledged in 2005 when the Tax Commission spoke of 99% refund of the sum, as purification and sewage services had not been used, and that the water used by the company was only for the bathrooms. After having recourse to the Regional Commission and the Supreme Court, the Parma City Council has been defeated definitely. The amount due to Bormioli Rocco will be paid by the City Council as an ‘off-balance sheet debt’.
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