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.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.93 - Manufacture of wire products, chain and springs
150 jobs Number of planned job losses
Announcement Date
17 July 2015
Employment effect (start)
30 September 2015
Foreseen end date
Description
Pali Italia, a manufacturer of lighting poles and transmission towers, is to close its plants in Anagni (Frosinone) and Parma and dismiss its 150 employees.
The company has been under insolvency proceeding due to consistent debts towards banks. It was eventually declared bankrupt by the Tribunal of Parma, that announced the dismissals.
The affected workers have been holding strikes and demonstrations over the last months, also complaining about delays in the payment of wages.
Unions hope that the liquidator will successfully sell the company to new investors and save the jobs.
Sources
2 February 2015: Parma Quotidiano
21 July 2015: 24 Emilia
27 August 2015: Parma Today
13 September 2016: Parma Quotidiano
Citation
Eurofound (2015), Pali Italia, Closure in Italy, factsheet number 91324, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91324.
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