Originally Posted by Kommisar89
Comparing where a bike fits in the range is difficult - as far as I can tell, even in the 60's and 70's the European manufacturers didn't make really low end "department store" or "Walmart" bikes so even their bottom of the line was mid-range among bikes in general - this sounds like near the bottom of the Atala lineup of the time but still a very nice bike. I'd ride it.
Atala was a full range manufacturer. They did produce entry level models and during the 1970's boom these models were barely above department store models. As Sheldon states, these bicycles left a lot to be desired, but they attracted the customers, because the Italians put emphasized the cosmetics with lots of chrome and fancy paint. However, it sounds like the OP has a 1980s, lower mid-range model. Much more respectable. During this period many of the Italian manufacturers simply named the bicycle based on the tubeset and/or group (i.e. Atala Aelle Triomphe). It may have been Triomphe or Gran Sport equipped but more likely it was Campagnolo derailleurs mixed with various Gipiemme, Ofmega, Miche, Modolo and/or Universal components.