Type
Bankruptcy
Country
Italy
Region
Centro (I); Umbria;
Location of affected unit(s)
Fabriano, Gaifano di Nocera
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27.51 - Manufacture of electric domestic appliances

1,450 jobs
Number of planned job losses
Job loss
Announcement Date
13 October 2014
Employment effect (start)
26 December 2014
Foreseen end date

Description

The white goods manufacturing group Antonio Merloni is to dismiss 1,450 blue-collar workers at its sites in Fabriano (Ancona) (820) and Nocera Umbra (Perugia) (630).

The group is under extraordinary administration since 2008. In 2011, a new company, JP Industries absorbed part of the company's activities and re-employed 700 redundant workers, whilst Wages Guarantee Fund was enacted for the rest 1,450 employees; an agreement foresaw the allocation of public funds to favour their relocation.

Due to bureaucratic problems the funds have not been activated yet and the Commissioner opened a mobility procedure for the 1,450 workers, whose benefits have just expired.

Trade unions and local institutions asked for the activation of a negotiation table at the Ministry of Economic Development and expressed concerns also for subcontracting firms and for the 700 workers employed by JP Industries. For a previous restructuring event, seeĀ MerloniIT-2004.

As reported, Italy has applied for assistance from the European Globalisation Adjustment Fund (EGF).


Sources

  • 13 October 2014: Ansa
  • 13 October 2014: Il Resto del Carlino

Citation

Eurofound (2014), Antonio Merloni, Bankruptcy in Italy, factsheet number 77696, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77696.