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 (16 - 17) Manufacture of wood and paper materials 16.2 - Manufacture of products of wood, cork, straw and plaiting materials 16.21 - Manufacture of veneer sheets and wood-based panels
127 jobs Number of planned job losses
Announcement Date
12 July 2012
Employment effect (start)
1 October 2012
Foreseen end date
Description
Annovati, which produces furniture components, is to close its plant with the consequent loss of 127 jobs. The company, which is located in the province of Turin, has announced that the collective dismissal procedure will start in October 2012.
The trade unions reacted to the company's decision by going on strike.
Eurofound (2012), Annovati, Closure in Italy, factsheet number 73915, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73915.