Nord Ovest; Lombardia; Milano
Location of affected unit(s)
Paderno Dugnano
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24 - Manufacture of basic metals

132 jobs
Number of planned job losses
Job loss
Announcement Date
1 July 2009
Employment effect (start)
1 July 2009
Foreseen end date
1 July 2010


Lares, one of the main European manufactures of printed wiring boards, is to close, with the consequent loss of 132 jobs. In July 2009, the company's owner announced the procedure of bankruptcy for both the Lares and the Metalli Preziosi, a company with the same ownership and that employs 120 workers.

After a period of unsuccessful negotiations between the companies' owner, the trade unions and local authorities, on 14 September five workers have organised a sit-in on the roof of the Metalli Preziosi plant. The workers are worried about their future: at the end of the 'extra-ordinary' Wage Guarantee Fund scheme (that will last until the 2010) they will definitively loss their jobs if any entrepreneurs decide to buy the two companies.

In the next days, there will be further meetings, which will involve also the Minister of Economic Development in order to find measures both to avoid the closure of Lares and Metalli Preziosi and reduce the negative social effects for workers.

In the last months, in different areas of Italy, there were other cases of 'unusual' protest actions developed by workers in order to preserve their jobs.


  • 15 September 2009: La Repubblica


Eurofound (2009), Lares, Bankruptcy in Italy, factsheet number 69533, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69533.