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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
New offshoring locations
Italy, Poland
98 jobs Number of planned job losses
Announcement Date
11 February 2005
Employment effect (start)
20 January 2005
Foreseen end date
22 February 2005
Description
The Italian company Indesit Corporation, producer of cold-storage rooms, announced its relocation. The measure will affect 98 workers, whose contracts will be terminated by mutual agreement. Indesit management offers 1.5 month wages per year of service. The company decided the delocalisation of part of the production to Italy and Poland to meet cheaper labour force. Indesit currently employs 200 people.
Sources
11 February 2005: Diário de Notícias
Citation
Eurofound (2005), Indesit, Offshoring/Delocalisation in Portugal, factsheet number 61183, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61183.
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