Ferrania Spa

Type
Internal restructuring
Country
Italy
Region
Nord-Ovest; Liguria; Savona
Location of affected unit(s)
Cairo Montenotte
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20 - Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
250 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2005
Employment effect (start)
Foreseen end date

Description

After almost one year of special administration in order to avoid a bankruptcy procedure, the company Ferrania Spa, a leading actor of the imaging technologies sector, has been sold to new owners who already presented an industrial plan, which envisages 250 redundancies out of the existing 700 workers.

Sources

  • 17 March 2005: Il Sole 24 Ore

Citation

Eurofound (2005), Ferrania Spa, Internal restructuring in Italy, factsheet number 61363, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61363.