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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.12 - Manufacture of paper and paperboard
133 jobs Number of planned job losses
Announcement Date
15 December 2008
Employment effect (start)
31 January 2009
Foreseen end date
Description
Pigna, one of the most important Italian paper mills, is to close the paper mill division located at Alzano Lombardo (in the province of Bergamo), with the consequent loss of 133 jobs. The company envisages the closure by the end of January 2009.
According to the company, the production of paper in Italy is no more competitive in terms of costs.
The company and the trade unions have planned meetings in order to find adequate measures to reduce the negative social effects that will affect the redundant workers. In Italy, the Pigna group has around 650 employees.
Sources
16 December 2009: Il Sole 24 Ore
Citation
Eurofound (2008), Pigna, Closure in Italy, factsheet number 67719, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67719.
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