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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
150 jobs Number of planned job creations
Announcement Date
3 September 2020
Employment effect (start)
1 October 2020
Foreseen end date
Description
The newly founded automotive supplier Schlote Automotive Italia will start production in its new plant in Nusco, in the Province of Avellino in the South of Italy. By the end of 2022, the company plans to hire 150 workers. Recruitment has already started and the plant will be operational from 1 October 2020.
The company was founded in early 2020 as a joint-venture of three important industrial groups in the automotive sector and will work on gearboxes, clutch boxes and other components in aluminum for the major European car manufacturers.
Satisfaction was expressed by local politicians and employer's association Confindustria.
Eurofound (2020), Schlote Automotive Italia, Business expansion in Italy, factsheet number 101788, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101788.
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