Type
Bankruptcy
Country
Italy
Region
Nord Ovest; Piemonte; Cuneo
Location of affected unit(s)
Moretta
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22.22 - Manufacture of plastic packing goods

193 jobs
Number of planned job losses
Job loss
Announcement Date
3 August 2009
Employment effect (start)
10 August 2009
Foreseen end date
10 August 2010

Description

Neograf, a manufacturer of high quality printed films for the packaging industry was declared bankrupted in August 2009 with the loss of 193 employees at its plant in Moretta, in the province of Cuneo. The workers will benefit of the extraordinary Wage Guarantee Fund scheme by the end of August 2010. During this period, the trade unions and the national and local authorities will try solutions in order to guarantee the survival of the productive site.


Sources

  • 8 January 2010: La Stampa

Citation

Eurofound (2009), Neograf, Bankruptcy in Italy, factsheet number 70125, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70125.