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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17 - Manufacture of paper and paper products
100 jobs Number of planned job losses
Announcement Date
4 October 2010
Employment effect (start)
4 October 2010
Foreseen end date
31 December 2010
Description
Cartiera del Garda, a historical Italian paper mills, plans to cut 100 jobs (out of 300) by the end of 2010. The company has announced the closure of one of the two production's lines, at the plant of Toscolano Maderno, in the province of Brescia. According to the company, the closure is mainly due to the recent fall in demand and obsolete manufacturing processes.
The trade unions and the local authorities have asked the company to provide alternative solutions in order to avoid the job-cuts.
Cartiera del Garda belongs to the Burgo Group, one of the world's leading producers of coated papers.
Sources
5 October 2010: Il corriere della sera
Citation
Eurofound (2010), Cartiera del Garda, Internal restructuring in Italy, factsheet number 71027, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71027.
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