The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.29 - Manufacture of other plastic products
100 jobs Number of planned job creations
Announcement Date
8 September 2020
Employment effect (start)
Foreseen end date
31 December 2020
Description
The manufacturer of carbon fiber products for the motorsport and automotive sectors, HP Composites, announced it will hire 100 new workers by the end of the year to expand its production plant in Ascoli Piceno. The company is looking for different profiles, for both white-collar and blu-collar positions.
During production peaks, HP Composites employes around 600 workers in the Ascoli Piceno plant. The company already offered stable contracts to 97 workers were hired during 2020, 58 after the re-opening of activities following the closure undertaken as a consequence of the COVID-19 emergency.
Eurofound (2020), HP Composites, Business expansion in Italy, factsheet number 101899, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101899.
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