Type
Closure
Country
Italy
Region
Nord Ovest; Piemonte; Asti
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

142 jobs
Number of planned job losses
Job loss
Announcement Date
22 May 2013
Employment effect (start)
21 June 2013
Foreseen end date

Description

Way Assauto, manufacturer of suspension systems for cars, is to close its plant located at Asti, with the loss of 142 jobs. Around two years ago the company was acquired by Cijan, a Chinese multinational. On 22 May 2013, the new owner announced the closure of the plant. The “mobility” procedures will be opened to workers as of 21 June.


Sources

  • 22 May 2013: Atnews.it

Citation

Eurofound (2013), Way Assauto, Closure in Italy, factsheet number 75449, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75449.