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.
Atop in Barberino Tavarnelle faces potential dismissal of half its 240-member workforce following electric vehicle market downturn. The company, located in Valcaronaro industrial zone and part of Bologna's IMA Group (Vacchi family), manufactures automated lines producing stators and rotors for electric motors used in e-mobility, appliances, power tools, and industrial applications.
CGIL (trade union) representative rejected the proposed 50% workforce reduction as unacceptable, requesting Regional crisis unit intervention and announcing Thursday factory assembly. The union mobilized immediately after management notification, conducting separate meetings with company and unions while hoping for joint discussions soon.
The crisis predates summer when solidarity fund procedures began following strategic pivot from small brushless motor stators for windshield wipers and appliances to electric vehicle focus. Market reversal caused order problems, progressively increasing the hours of staff being paid without working from 20% in May-June to 70-80% recently, reducing monthly salaries from €1,700-1,800 to €1,200-1,300.
Updated, 18/05/2026: Despite 120 redundancies being announced, there will be no layoffs. All employees have accepted redeployment to other group sites or to the new company (Sintech), which is owned by the same group, in Barberino Tavarnelle.
Eurofound (2025), Atop, Internal restructuring in Italy, factsheet number 203547, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203547.
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