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 (28) Manufacture of machinery and equipment 28.9 - Manufacture of other special-purpose machinery 28.92 - Manufacture of machinery for mining, quarrying and construction
400 jobs Number of planned job creations
Announcement Date
7 May 2012
Employment effect (start)
18 May 2012
Foreseen end date
31 December 2013
Description
Seli group, a company operating n the underground excavation sector, is to create 400 new jobs by the end of 2013. Namely, 200 new jobs will be created by the end of 2012 and another 200 in 2013. The company will mainly hire engineers.
The business expansion is due to an increase in participation in community projects, such as railways, metro, aqueducts, sewers and urban services, especially in foreign countries.
Seli has around 600 employees and is specialized in the manufacturing of tunnel boring machines (TBM).
Sources
5 August 2012: Il Sole 24 Ore
Citation
Eurofound (2012), Seli, Business expansion in Italy, factsheet number 73582, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73582.
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