Type
Closure
Country
Italy
Region
Nord Ovest; Piemonte; Cuneo
Location of affected unit(s)
Govone
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13 - Manufacture of textiles

151 jobs
Number of planned job losses
Job loss
Announcement Date
7 July 2020
Employment effect (start)
Foreseen end date

Description

The textile company Miroglio Textile liquidated the controlled company Stamperia di Govone, following the decision of the shareholders' meeting not to recapitalise the company; 151 people were made redundant. Existing difficulties within the Italian textile sector were exacerbated by the COVID-19 crisis.

Trade unions considered the decision as wrong and organised workers' protests.

Between 22 and 34 workers could be reallocated to other jobs among the group's companies and 18 will be offered early retirement.


Sources

Citation

Eurofound (2020), Stamperia di Govone, Closure in Italy, factsheet number 102065, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102065.