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.
Bialetti, one of the leading Italian manufacturers of coffee makers, is to close one of its older plants, which is located at Omegna, in the province of Verbania. The closure will affect 120 workers. The production will be delocalised to an eastern European countries. According to the company, the cost saving plan is mainly due to the recent fall in demand and the increasing global competition. The trade unions disagreed with the move and requested the involvement of the national and local authorities in order to avoid the closure.
Eurofound (2010), Bialetti, Offshoring/Delocalisation in Italy, factsheet number 70408, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70408.