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.
Indesit Company, one of the largest domestic appliances manufactures, is to close its plant located at None, in the province of Turin, with the consequent loss of 400 jobs.
In 2009, the company decided to close the None plant, but, after some negotiations with the trade unions and local authorities, it reached an agreement that envisaged the continuation of production in None.
According to the company, the investments done in None did not get profitable results; for this reason, Indesit has decided again to delocalise the production to the Indesit plants located at Radosmoko, in Poland. The trade unions reacted to the company's decision by going out on strike.
Indesit has around 4,500 employees in Italy.
Eurofound (2012), Indesit, Offshoring/Delocalisation in Italy, factsheet number 73400, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73400.