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.
Arts / Entertainment Sport, Amusement And Recreation Sports Activities And Amusement And Recreation Activities 93.29 - Other amusement and recreation activities
500 jobs Number of planned job losses
Announcement Date
18 December 2022
Employment effect (start)
18 December 2022
Foreseen end date
Description
Cucina Italiana Holding, an Italian group that manages the Palacavicchi dance hall in Rome, announced in a recent note that 500 employees at the facility are at risk of being dismissed, as it is likely that the site will be closed down.
The site has been in a very complicated situation and previous and current management teams have been unable to deliver solutions for ensuring the employment of workers. In the note, Cucina Italiana Holding's sole administrator has requested intervention from the Public Prosecutor's Office, the administration and the Court of Rome to find what solutions would be best to adopt.
Eurofound (2022), Cucina Italiana Holding, Closure in Italy, factsheet number 108137, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108137.
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