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.
Martini&Rossi is a well established Italian company that produces alcoholic beverages. The company is part of the larger Bacardi-Martini Group that counts around 8000 employees globally. At the beginning of 2016 the company has closed its plant in Mollet near Barcelona that provided 80 jobs. The production is going to be fully moved near Turin (Italy) in the second semestern of 2016. The company has proposed some alternative to its Spanish employees (including their relocation to Italy). According to several sources, the European market is suffering a decrease in alcohol consumption, and the Italian plant has an untapped production capacity.
Eurofound (2016), Martini & Rossi, Reshoring in Italy, factsheet number 166, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/166.