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.
Novara (province of Novara); Gravellona Toce (province of Verbano-Cusio-Ossola)
Sector
Manufacturing Manufacture, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18 - Printing and reproduction of recorded media
130 jobs Number of planned job losses
Announcement Date
14 May 2008
Employment effect (start)
31 July 2008
Foreseen end date
Description
DeaPrinting, a firm that operates in the publishing sector, has announced that it is to cut 130 jobs at its two sites in Italy. 105 jobs (out of 298) will be lost at the lithographic printing plant located in Novara, while 25 jobs (out of 100) will be lost at the bookbinding plant located in Gravellona Toce, in the province of Verbania. The firm attributes the decision to the need to reduce its operative costs in the face of increasing global competition. Local trade unions have responded to the company’s decision by going out on strike. Deaprinting is specialized in high-quality printing production and its main client is the De Agostini group.
Sources
16 May 2008: La Stampa
15 May 2008: La Stampa
Citation
Eurofound (2008), Deaprinting, Internal restructuring in Italy, factsheet number 66650, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66650.
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