Invensys

Type
Offshoring/Delocalisation
Country
Italy
Region
Nord-Est; Veneto; Belluno
Location of affected unit(s)
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62.1 - Computer programming activities
62.10 - Computer programming activities
New offshoring locations
Croatia
166 jobs
Number of planned job losses
Job loss
Announcement Date
12 October 2012
Employment effect (start)
1 August 2013
Foreseen end date
31 August 2013

Description

Invensys, a global technology group operating with three business divisions (operations management, rail and controls), is to close its plant located in Belluno, with the consequent loss of 166 jobs.

According to reports, the production of electronic controls for household appliances will be moved to Croatia. The “mobility” procedure will start in August 2013, after the end of the Wage Guarantee Fund scheme. The regional government has criticized the decision and reminded the management of their obligation to protect the redundant workers.

Sources

  • 14 October 2012: Cronache del Veneto

Citation

Eurofound (2012), Invensys, Offshoring/Delocalisation in Italy, factsheet number 74409, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74409.