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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
376 jobs Number of planned job losses
Announcement Date
31 August 2009
Employment effect (start)
1 December 2009
Foreseen end date
Description
Manuli Rubber Industries is to close its plant located at Campolungo, in the province of Ascoli Piceno, with the consequent loss of 376 jobs.
According to the company, the closure - announced in August 2009 - is mainly due to the economic crisis. After several negotiations, at the end of October the company and the main sectoral trade unions - with the support of the Ministry of the Economic Development - reached an agreement that envisaged the recourse to the Wages Guarantee Fund schemes and to economic incentives for voluntary resignations for 236 workers (while 140 workers would have maintained their jobs). At the beginning of November, the workers have refused the agreement, and consequently the company has started the collective dismissals procedures for all the workers employed in the Campolungo's plant.
Manuli Rubber Industries manufactures fluid conveying rubber and metal components for high pressure hydraulics and oil & marine applications and hydraulic components.
Sources
17 November 2009: Conquiste del Lavoro
18 December 2009: Il Sole 24 Ore
Citation
Eurofound (2009), Manuli Rubber Industries, Closure in Italy, factsheet number 69954, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69954.
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