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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
108 jobs Number of planned job losses
Announcement Date
7 April 2010
Employment effect (start)
31 December 2010
Foreseen end date
Description
Fini Compressors, an Italian firm which operates in the compressed air industry, is to cut 108 jobs (out of 209) at its plant located at Zola Predosa, in the province of Bologna. The workers will be dismissed at the end of the Wage Guarantee Fund scheme (i.e., in this case, around the end of 2010).
The trade unions reacted to the company decision announcing several protest actions.
Sources
12 April 2010: La Repubblica
Citation
Eurofound (2010), Fini Compressori, Internal restructuring in Italy, factsheet number 70407, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70407.