Sunday, April 26th, marked a major milestone for Yougo!
In memory of Franco Ugo and his wife Giuseppina, their son Mario and daughter Patrizia inaugurated the new futuristic, eco-friendly building, seamlessly integrated into the hillside of Bollengo (Turin), right next to the historic Yougo headquarters.
The facility will immediately house the production area for Yougo’s Cash Management products. Additionally, it will serve as the headquarters for the newly established company, Franco Ugo SrL, created to develop Italian robotic technology for agriculture.
The new building also features the newly opened “Franco Ugo Technology Museum”—honoring the President and founder of CTS Electronics Group—which preserves and showcases his forward-thinking vision.
The event was attended by institutional authorities, including the Mayor of Bollengo, Luigi Ricca, alongside Yougo’s strategic partners, company employees with their families, and numerous local residents.
This initiative is the result of a long-term entrepreneurial journey, backed by over a decade of investment, development, and decisions focused on sustainable growth. Designed according to the principles of green building and landscape integration, the new facility confirms and strengthens Yougo’s bond with Bollengo. It enhances production capacity while simultaneously improving safety standards and daily working conditions. This investment looks to the future, ensuring employment continuity and creating new opportunities for both local communities and the region.
Franco Ugo was an entrepreneurial figure whose example over the years instilled integrity, a sense of duty, and the ability to build something solid and shared through hard work within the local community.
CTS Electronics Group was a highly specialized company and a global benchmark for the development and manufacturing of banking automation devices.
Now, in memory of Franco and his wife, Yougo’s new building stands as tangible proof that a business can grow by creating shared economic, social, and infrastructural value. It further strengthens the company’s ability to meet the demands of both domestic and international markets, while staying true to the core principle that has made Yougo a leading brand in banknote management robotics: the perfect synergy between innovation and highly specialized craftsmanship.
