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.
Rossi SpA is an Italian company with headquarters in Modena. It is part of the Swiss group Habasit. In order to overcome the economic crisis, the firm is investing in new machinery to be installed in Lecce (Puglia) with the expectation that automation will compensate for higher salaries in Italy in comparison to China. The company had previously offshored part of its production to Shanghai, China in 2003. The crisis has forced the firm to invest in new sectors and production lines.
Eurofound (2014), Rossi, Reshoring in Italy, factsheet number 216, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/216.