1929, La crisi mondiale

The Great Depression in 1929 and the loss of bank credit of Credito italiano almost led the Company and Rinaldo Paranzasa's management to a financial breakdown.The company was saved by Mussolini's government and SOFINDIT, the Banca Commerciale Italiana financial company. Panzarasa is replaced by Alfredo Frassati who wouldlead the company for 30 years.

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