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.
Alano di Piave (Belluno), San Bonifacio (Verona), Siena
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.21 - Manufacture of central heating radiators and boilers
486 jobs Number of planned job losses
Announcement Date
8 July 2017
Employment effect (start)
23 September 2017
Foreseen end date
21 January 2018
Description
Boiler manufacturer Ferroli announced 486 dismissals out of 970 employees at the sites in San Bonifacio (Verona), Alano di Piave (Belluno) and Siena. The site close to Belluno is set to close.
The decision comes after a long period of crisis and the expiry of temporary layoff schemes in October 2017.
Unions are issuing strikes and deem that the management has failed to deploy adequate measures to relaunch the company.
Following the announcement, the collective dismissal procedure has started, with negotiations aimed at possibly reducing the exits.
Sources
21 July 2016: Corriere del Veneto
22 April 2017: L'Arena
8 July 2017: Verona Sera
12 September 2017: Conquiste del Lavoro
Citation
Eurofound (2017), Ferroli, Internal restructuring in Italy, factsheet number 92059, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92059.
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