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.
Nord-Est; Provincia Autonoma di Bolzano/Bozen; Bolzano-Bozen
Location of affected unit(s)
Sector
Manufacturing (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.52 - Casting of steel
120 jobs Number of planned job losses
Announcement Date
25 May 2010
Employment effect (start)
Foreseen end date
28 February 2011
Description
Valbruna Stainless Steel, leader in the steel industry, is to close its plant in Bolzano, with the consequent loss of 120 jobs. The closure should be operative in February 2011.
In Italy Valbruna has another plant, located at Vicenza, and it has a total workforce of around 1500 employees.
Sources
30 June 2010: La Repubblica
Citation
Eurofound (2010), Valbruna Stainless Steel, Closure in Italy, factsheet number 70611, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70611.