Nord Ovest; Piemonte; Torino
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

385 jobs
Number of planned job losses
Job loss
Announcement Date
8 June 2007
Employment effect (start)
Foreseen end date
31 December 2008


ThyssenKrupp is one of the world’s biggest technology groups. It employs around 188,000 employees worldwide and has 600 subsidiaries. In Italy ThyssenKrupp is the owner of the Acciai Speciali steel factory at Terni (Ast-Tk) and has around 7,000 employees in the country. At the end of 2005, the company reached an agreement with the trade unions and the local and national authorities on a reorganisation plan that envisaged the relaunch of the production activities of its Italian plants, including the production of electrical steel. This way the company reversed its initial decision to relocate production activities in another countries. The agreement also envisaged that the government and the local authorities would solve some problems of electricity supply and improve local infrastructures, thereby fostering the competitive growth of the Terni area. On 8 June 2007 the company announced the decision to concentrate all its Italian steel production in the Terni plants with the consequent closure of the Turin plant which should be completed by the end of 2008. It is expected that 285 of the 385 workers currently employed in Turin should be transferred to the Terni plants while 100 employees will be dismissed with the recourse to measures such as “mobility” with a view to early retirement and economic incentives for voluntary resignation. In Turin the trade unions reacted at the company’s decision by going out on strike: they agree with the investments plan proposed by the company but they do not accept the decision to close the Turin plant.


  • 8 June 2007: Il Diario del lavoro


Eurofound (2007), ThyssenKrupp, Relocation in Italy, factsheet number 65476, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65476.