Internal restructuring
Centro (I); Toscana;
Location of affected unit(s)
Florence, Fornaci di Barga (LU)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.44 - Copper production

200 jobs
Number of planned job losses
Job loss
Announcement Date
9 March 2009
Employment effect (start)
Foreseen end date
1 June 2010


KME, a world leader in the copper industry, is to cut 200 jobs in its Italian production and administrative sites, located at Florence and Fornaci di Barga (in the province of Lucca). At the end of several meetings, at 20 April 2009, the company and the trade unions reached an agreement on the reorganisation plan. The agreement envisages that the job cuts should mainly affect the workers close to the retirement age and who will depart voluntary. Moreover, the agreement provides for the recourse to both the extraordinary Wage Guarantee Fund and the 'job security agreement' scheme. These measures will be applied to all the KME's workers on a rotation basis and they will last one year. The company will create a 'KME Benevolent Fund' in order to support all the employees who suffer a financial or economic crisis. The fund will issue easy-term loans. KME group is the world's largest manufacturer of semi-finished copper and copper alloy products. The group has its head offices in Florence. It has 6,800 employees in Europe and around 1,600 in Italy.


  • 20 April 2009: ASCA


Eurofound (2009), KME, Internal restructuring in Italy, factsheet number 68867, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68867.