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.
Martignacco(UD),Longarone(BL),Santa Maria di Sala(VE)
Sector
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.19 - Manufacture Of Other Wearing Apparel And Accessories
No information on job gains number available
Announcement Date
25 July 2015
Employment effect (start)
1 January 2016
Foreseen end date
1 December 2020
Description
Safilo Group S.p.A. is an Italian company that designs, produces and distributes prescription frames, sunglasses, sports eyewear, ski goggles, skil helmets, and cycling helmets under its own five house brands and 22 licensed brands.Their products are primarily manufactured in three Italian facilities with an additional European plant in Slovenia. The company also has two non-european plants, one in USA and one in China, and distributes to markets in 130 countries worldwide. Recently, the company decided to buy new machinery in order to redevelop the production site in Martignacco, Italy. Prior to this, the company used public redundancy funds in order to protect workers at the site due to low levels of demand. The new machinery will mean that the site has the capacity to be involved in all steps of production, which gives new hopes to the local workers. Sources do not specify more about the long term location strategy, or reasons for the backshoring, except for untapped production capacity at home.
Eurofound (2015), Safilo, Reshoring in Italy, factsheet number 206, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/206.
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