Type
Internal restructuring
Country
Italy
Region
Nord Est; Veneto; Vicenza
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.52 - Casting of steel

65 jobs
Number of planned job losses
Job loss
Announcement Date
6 September 2013
Employment effect (start)
30 November 2013
Foreseen end date

Description

The Italian steel manufacturer Beltrame is to cut 65 jobs out of 580 in its plant at Vicenza.

The dismissals result of the pressure during the economic crisis and ongoing over-capacities. Negotations were announced to begin on September 13.

The trade unions reacted to the company’s decision by organizing protests asking for alternative solutions to the job-cuts.

Afv Acciaierie Beltrame is based in Vicenza and employs about 2,600 staff in 9 production plants in Europe. In 2012, the group already decided to close its plant in Marghera with a consequent loss of 117 job places.


Sources

  • 6 September 2013: Il corriere della sera

Citation

Eurofound (2013), Beltrame, Internal restructuring in Italy, factsheet number 76011, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76011.