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.
The Italian steel manufacturer Beltrame is to cut 65 jobs out of 580 in its plant at Vicenza.
The dismissals result of the pressure during the economic crisis and ongoing over-capacities. Negotations were announced to begin on September 13.
The trade unions reacted to the company’s decision by organizing protests asking for alternative solutions to the job-cuts.
Afv Acciaierie Beltrame is based in Vicenza and employs about 2,600 staff in 9 production plants in Europe. In 2012, the group already decided to close its plant in Marghera with a consequent loss of 117 job places.
Eurofound (2013), Beltrame, Internal restructuring in Italy, factsheet number 76011, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76011.