Type
Business expansion
Country
Italy
Region
Nord Ovest; Piemonte; Alessandria
Location of affected unit(s)
Valenza Po
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.12 - Manufacture of jewellery and related articles

130 jobs
Number of planned job creations
Job creation
Announcement Date
12 June 2015
Employment effect (start)
13 June 2015
Foreseen end date
30 June 2016

Description

Bulgari, a leading company in the manufacture of jewelry, announced the hiring of at least 130 employees in its facilitiesĀ at Valenza Po (Alessandria). The decision is the result of a plan started in 2014, when the company decided create the largest jewelry factory in Europe in Valenza Po, restructuring the already existing site, building up a new productive facility and movingĀ to the new area the staff employed in the nearby factory of Solonghello. The plan is to be completed by June 2016. Bulgari is already seeking for new staff. Once the site is operational, headcount in the industrial site should provide additional employment for 130 employees, adding to the 350 persons currently employed in Valenza Po and Solonghello. The company wishes to further increase its employment level in the area up to 600-700 workers should the production level increase according to expectation.


Sources

  • 2 April 2014: Radio Gold
  • 4 April 2014: Il Monferrato
  • 12 June 2015: Il Sole 24 Ore

Citation

Eurofound (2015), Bulgari, Business expansion in Italy, factsheet number 83778, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83778.