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 - Manufacture of rubber and plastic products
New offshoring locations
Czechia
182 jobs Number of planned job losses
Announcement Date
18 June 2004
Employment effect (start)
1 September 2004
Foreseen end date
31 December 2005
Description
Agv produces helmets for motorbike drivers. It is part of the multinational Belgium-based Imag group. It has announced a relocation of production to its Czech subsidiary or outsourcing to Asian-based suppliers. Marketing, administration and R&D will remain at the Italian Agv headquarters in Spinetta Marengo, with some 45 employees.
Sources
20 June 2004: La Stampa
Citation
Eurofound (2004), Agv, Offshoring/Delocalisation in Italy, factsheet number 60420, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60420.
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