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.
Semat Sud will dismiss 220 construction workers following cessation of operations at the former Ilva steel plant in Taranto (ILVA 2012 - IT).
According to territorial union secretariats Feneal UIL, Filca CISL, and Fillea CGIL the historic maintenance and remediation contractor's closure represents the first major casualty of the government's "short plan" for the troubled steel facility.
Unions characterized the decision as producing "dramatic effects" on workers, demanding immediate a table convocation alongside metalworker unions FIM, FIOM, and UILM to withdraw the plan and define public intervention accompanying ecological transition without burdening hundreds of families. Construction unions called on Puglia region President, Taranto Mayor, Province President, and Ionian parliamentarians for immediate mobilization support preventing dismissals.
Unions warned Semat Sud's closure signals broader crisis threatening entire supply chain, opening major employment instability requiring rapid coordinated government and territorial institutional response preventing irreversible employment emergency.
Confapi Taranto President (union) warned the historic company's closure makes industrial desertification increasingly concrete in the Ionian province.
Eurofound (2025), Semat Sud, Closure in Italy, factsheet number 203807, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203807.
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