Type
Business expansion
Country
Italy
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines

900 jobs
Number of planned job creations
Job creation
Announcement Date
16 May 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

FS Group, the state-owned Italian Railway company, is to create 900 new jobs by the end of 2009. On 16 May 2009, the company and the most part of the main sectoral trade unions reached an agreement on the reorganisation of many activities of the group. In particular, the agreement envisages 900 new jobs by the end of 2009, new investments in maintenance area, the reorganisation of railways, the reduction to one engine-driver for every train and new investments on the 'redundancy fund' for redundant personnel in the group. The agreement was not signed by the ORSA (Trasporti dell'Organizzazione Sindacati Autonomi e di Base), an autonomous rank-and-file union. The FS group has around 87,000 employees. The main companies making up FS Group are Rfi, a company for infrastructure management, and Trenitalia, a company for the management of railway services.


Sources

  • 17 May 2009: Il Sole 24 Ore

Citation

Eurofound (2009), FS Group, Business expansion in Italy, factsheet number 68954, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68954.