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.
Approximately 100 Casino Campione d'Italia employees protested Tuesday, July 31 at Pirellone following the gaming facility's bankruptcy declaration and closure the previous week. The fallout affects 500 total dismissals beyond community-wide damage to the Italian exclave.
Workers and union representatives expressed "strong distress" over Campione's situation, emphasizing the casino represents the enclave's sole economic activity. Employees noted they cannot relocate families entirely, while lacking dismissal letters prevents seeking alternative employment, creating administrative limbo compounding economic uncertainty.
The closure devastates the small exclave surrounded by Swiss territory but administratively Italian, where casino operations historically provided primary employment and municipal revenue. Without dismissal documentation, workers cannot access unemployment benefits or actively job search, creating bureaucratic paralysis alongside economic crisis.
Eurofound (2018), Casino Campione d'Italia, Closure in Italy, factsheet number 203788, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203788.
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