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
European Globalisation Fund (EGF)
Year: 2012, Case number: 07
1,350 jobs Number of planned job losses
Announcement Date
18 October 2009
Employment effect (start)
1 December 2009
Foreseen end date
Description
Videocon, the Indian group which produces electronics, home appliances and colour picture tubes, is to close its plant located at Anagni (in province of Frosinone) with the loss of 1,350 jobs.
The trade unions have involved the national and the local authorities in order to avoid the job cuts. On 30 October, the company has announced the decision to stop the collective dismissal procedures. In the next months, the company and the trade unions will meet in order to find solutions aimed to maintain the production's activity at the Anagni plant. Videocon and around 22,000 employees worldwide.
Eurofound (2009), VDC Technologies, Closure in Italy, factsheet number 69764, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69764.
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