Type
Closure
Country
Italy
Region
Nord Ovest; Piemonte; Torino
Location of affected unit(s)
Frossasco
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials
16.21 - Manufacture of veneer sheets and wood-based panels

127 jobs
Number of planned job losses
Job loss
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.


Sources

Citation

Eurofound (2012), Annovati, Closure in Italy, factsheet number 73915, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73915.