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.
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15 - Manufacture of leather and related products
New offshoring locations
241 jobs Number of planned job losses
Announcement Date
14 June 2005
Employment effect (start)
1 September 2005
Foreseen end date
Description
Facing the increasing competition by Chinese producers, Cofra, a footwear company specialised in professional and safety shoes, announced its intention to relocate the production abroad, while keeping in Italy both R&D and marketing departments. The decision has been postponed to the Autumn 2005, with a view to evaluate the protection policies the UE might implement to limit Chinese import.
Sources
14 June 2005: Il Sole 24 Ore
Citation
Eurofound (2005), Cofra, Offshoring/Delocalisation in Italy, factsheet number 61905, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61905.
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