Restructuring events
European Restructuring Monitor (ERM)
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.
The domestic electronic equipment company Elica announced a large restructuring plant for its plants in the Italian Marche region. The plan provides for 409 redundancies out of 560 employees in the area, the closure of the plant in Cerreto D'Esi and the relocation of 70% of the production carried out in the Italian sites to Poland (Jelcz-Laskovice plant).
The trade unions deemed the decision unacceptable and have called workers to protest and demonstrate in front of the factories. Trade unions are also asking for the intervention of the MInistry of Economic Development and to set up a 'crisis table' (committee to deal with the issue).
Eurofound (2021), Elica, Offshoring/Delocalisation in Italy, factsheet number 104453, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104453.