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 Textiles 13 - Manufacture of textiles
New offshoring locations
Czechia
225 jobs Number of planned job losses
Announcement Date
25 November 2005
Employment effect (start)
Foreseen end date
Description
An agreement was reached between Marzotto, an important Italian producer of textiles, and the unions on 225 redundancies affecting the two manufacturing plants of Schio and Praia a Mare, as well as the office activities of Mongrando. The operations at Praia a Mare and Mongrando had already been discontinued in April 2004 and the agreement confirms the closures and make the redundancies effective. The agreement refers to the new business plan which envisages the transfer of a significant amount of production to the groups plant of Nova Mosilana, in the Czech Republic, with a view to reduce costs and improve competitiveness. The group employs some 3,600 workers worldwide (Italy, Czech Republic, Lithuania and Tunisia), of which around 2,100 in Italy.
Sources
25 November 2005: Il Sole 24 Ore
Citation
Eurofound (2005), Marzotto, Offshoring/Delocalisation in Italy, factsheet number 62733, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62733.
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