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.
Wholesale / Retail 47 - Retail trade 47.1 - Non-specialised retail sale 47.1 - Non-specialised retail sale
114 jobs Number of planned job losses
Announcement Date
7 November 2008
Employment effect (start)
1 January 2009
Foreseen end date
Description
The Casamercato, a megastore located at Lavagno, in the province of Verona, is to close with the loss of 114 jobs. According to the company, the closure is mainly due to the current global economic crisis. The procedures for the collective dismissals will start in January 2009.
Sources
13 November 2008: L'Arena
Citation
Eurofound (2008), Casamercato, Closure in Italy, factsheet number 67603, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67603.