Restructuring events
European Restructuring Monitor (ERM)
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.
The white goods manufacturing group Antonio Merloni is to dismiss 1,450 blue-collar workers at its sites in Fabriano (Ancona) (820) and Nocera Umbra (Perugia) (630).
The group is under extraordinary administration since 2008. In 2011, a new company, JP Industries absorbed part of the company's activities and re-employed 700 redundant workers, whilst Wages Guarantee Fund was enacted for the rest 1,450 employees; an agreement foresaw the allocation of public funds to favour their relocation.
Due to bureaucratic problems the funds have not been activated yet and the Commissioner opened a mobility procedure for the 1,450 workers, whose benefits have just expired.
Trade unions and local institutions asked for the activation of a negotiation table at the Ministry of Economic Development and expressed concerns also for subcontracting firms and for the 700 workers employed by JP Industries. For a previous restructuring event, see MerloniIT-2004.
As reported, Italy has applied for assistance from the European Globalisation Adjustment Fund (EGF).
Eurofound (2014), Antonio Merloni, Bankruptcy in Italy, factsheet number 77696, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77696.