Internal restructuring
Nord Ovest; Lombardia; Bergamo
Location of affected unit(s)
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.1 - Preparation and spinning of textile fibres

240 jobs
Number of planned job losses
Job loss
Announcement Date
14 November 2008
Employment effect (start)
5 January 2009
Foreseen end date


The cotton mill company Cotonificio Honneger is to cut 240 jobs at its plant located at Albino, in the province of Bergamo. The company has 453 employees at Albino. According to the company, the decision to reduce its workforce is mainly due to the economic crisis and the increasing global competition. The plant at Albino produces cotton yarns.

The trade unions reacted to the company’s decision by going on strike and trying to involve the national and local authorities in order to find adequate measures to cope with the economic crisis that is affecting a lot of Italian companies which operate in the textile sector.

The authorities had previously applied for aid from the European Globalisation Adjustment Fund (EGF).


  • 19 November 2009: Il Sole 24 Ore


Eurofound (2008), Cotonoficio Honneger, Internal restructuring in Italy, factsheet number 67514, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67514.