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.
Tirso di Muggia has initiated collective dismissal procedures affecting 160 workers, where 70% are women over 55, while uncertainty continues regarding a potential acquisition. Trade unions were convened last Monday to begin discussions with Confindustria as employees await clarity on the prospective buyer's identity and intentions.
The workforce fears a repeat of the failed acquisition by Roncadin of Pordenone, which previously fell through, leaving their employment future in limbo. The demographic profile of affected workers, mostly women approaching retirement age, adds particular concern to the situation as alternative employment opportunities may be limited.
Despite ongoing uncertainty about the company's future, trade unions maintain workplace safety as a central priority in their demands. The collective dismissal procedures represent the latest development in what has become a prolonged period of instability for the Muggia facility.
**Update, 29/09/2025: ** During negotiations with unions and Friuli-Venezia Giulia Region officials, the company proposed consensual termination agreements, which confederal unions and Confsal rejected to protect worker credits, particularly severance payments. These claims can only be pursued after bankruptcy trustee appointment, expected within approximately one month.
Multiple potential acquirers, including Roncadin and a local entrepreneur, withdrew from negotiations, discouraged by economic instability and operational complexity. The Region had offered financial support measures to incentivize company rescue, but no negotiation succeeded.
Eurofound (2025), Tirso di Muggia, Closure in Italy, factsheet number 203136, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203136.
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