Type
Closure
Country
Italy
Region
Isole; Sardegna; Cagliari
Location of affected unit(s)
Portovesme
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.42 - Aluminium production

450 jobs
Number of planned job losses
Job loss
Announcement Date
6 February 2009
Employment effect (start)
30 April 2009
Foreseen end date

Description

Eurallumina, a refinery that produces aluminium, is to close with the consequent loss of 450 jobs. Eurallumina is locatedĀ at the Portovesme industrial area, in the province of Cagliari. Eurallumina belongs to the Russian company Rusal, the world's largest producer of aluminium and alumina. Rusal has around 90,000 employees worldwide. In order to tackle the global economic downturn and the consequent fall of the aluminium's demand, theĀ group has recently announced a comprehensive programme to increase its efficiency. The plan includes the reduction of about 11% of the total production of aluminium.


Sources

  • 7 February 2009: La Repubblica

Citation

Eurofound (2009), Eurallumina, Closure in Italy, factsheet number 68199, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68199.