Belconn Gomma and Cavi

Type
Bankruptcy
Country
Italy
Region
Nord-Ovest; Piemonte; Torino
Location of affected unit(s)
Chieri
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
110 jobs
Number of planned job losses
Job loss
Announcement Date
1 June 2012
Employment effect (start)
2 July 2012
Foreseen end date

Description

Belconn Gomma and Cavi, a manufacturer of rubber, plastic and metal components for the automotive sector, will close with a subsequent loss of 110 jobs. The company has declared bankruptcy. The affected plant is located at Santena, in the province of Turin.

Local authorities and trade unions have started some meetings in order to find new investments for the area.

Sources

Citation

Eurofound (2012), Belconn Gomma and Cavi, Bankruptcy in Italy, factsheet number 73673, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73673.