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.
Iarp is the European leader in the production of professional refrigerators. It is headquartered in Casale Monferrato, in the north-west of Italy, and it currently employs around 500 people. At the beginning of May 2007, the company announced its will to strengthen its position in national and foreign markets with the consequent increase of its production. For this reason, Iarp proposed to the trade unions to change the shiftwork schemes in order to use the plant in a more effective and efficient way. If the trade unions accept the new shift organisation, the company will create 150 new jobs. In the following weeks the company and the trade unions will meet in order to reach an agreement on the business expansion plan presented by the company.
Eurofound (2007), Iarp, Business expansion in Italy, factsheet number 65342, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65342.