Restructuring events
European Restructuring Monitor (ERM)
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.
Sapa Sta, an Italian automotive company, has announced over 100 job cuts affecting its production units in Airasca (Turin), San Martino d’Alfieri (Asti) and Dronero (Cuneo). This includes 42 redundancies in Airasca, 42 in Asti and around 12 in Dronero. This restructuring is due to a significant decline in orders and reduced production volumes, as well as a strategic shift towards other international markets following the acquisition of the Austrian automotive supplier Megatech. The closures or downsizing are expected to continue, potentially leading to the closure of the company's Piedmont plants by 2027.
Job reductions are currently planned mainly through voluntary layoffs, although the company has initiated collective redundancy procedures and further indirect job losses among suppliers cannot be ruled out. Trade unions Filctem-CGIL and Uiltec have expressed concern about the sharp drop in orders and the company's potential long-term disengagement from the region. They have initiated negotiations with management to limit the impact of the restructuring, having renewed solidarity contracts three times.
Eurofound (2026), Sapa, Internal restructuring in Italy, factsheet number 204278, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204278.