Type
Closure
Country
Italy
Region
Nord Ovest; Piemonte; Torino
Location of affected unit(s)
Rivoli
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

400 jobs
Number of planned job losses
Job loss
Announcement Date
14 July 2008
Employment effect (start)
30 September 2008
Foreseen end date

Description

Magnetto Wheels, a producer of steel wheels for cars, is to close its plant at Rivoli (in the province of Turin), with the loss of 400 jobs. The trade unions reacted to the company’s decision by going on strike and blockading the factory gates.


Sources

  • 15 July 2009: Il Sole 24 Ore

Citation

Eurofound (2008), Magnetto Wheels, Closure in Italy, factsheet number 67604, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67604.