Nord Ovest; Lombardia; Lecco
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
New offshoring locations

150 jobs
Number of planned job losses
Job loss
Announcement Date
6 May 2008
Employment effect (start)
Foreseen end date
1 June 2009


Riello, an Italian group which produces heating and water heating systems, is to cut 150 jobs (out of 333) at its plant located in Lecco. The company has taken this decision in order to increase its profitability and sales. For this reason, the company envisages to offshoring its production of burners and boilers for heating systems to Poland. Riello will maintain in Lecco the administration and the development and research divisions. Beginning from the 1st of June, the 150 redundant workers will benefit for one year of the ‘special’ Wages Guarantee Fund, a ‘social shock absorber’ that intervenes in cases of restructuring, reorganisation, change of activity or economic difficulties. Moreover, the reorganisation plan envisages new investments for the Riello plant located in Valtellina area and for the development and research area of Lecco. The trade unions reacted to the decision by taking several forms of industrial action in order to find ways to avoid the redundancies envisaged by the reorganisation plan. Riello is one of the world leaders in the production of burners for heating systems. It has nine plants and around 2,000 employees worldwide.


  • 7 May 2008: Il corriere della sera


Eurofound (2008), Riello, Offshoring/Delocalisation in Italy, factsheet number 66622, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66622.