Centro (I); Marche; Ascoli Piceno
Location of affected unit(s)
Ascoli Piceno
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27.32 - Manufacture of other electronic and electric wires and cables

120 jobs
Number of planned job losses
Job loss
Announcement Date
27 February 2015
Employment effect (start)
Foreseen end date


Power cables producer Prysmian announced the closure of the Ascoli Piceno site, which employs 120 workers.The company employs about 2,000 workers in nine Italian plants, which have been suffering a reduction of domestic demand for three years, resulting in budget losses and contraction of production. Wages Guarantee Funds have been already activated at the Italian sites and are to expire in March 2015.

The unions called for a strike and said that the decision was taken after the company had received public subsidies to invest in another Italian plant. Unions asked for a meeting with the company management over its investment intentions concerning Ascoli Piceno and the other Italian sites.


  • 27 February 2015: Prima pagina online
  • 1 March 2015: Corriere Adriatico
  • 10 March 2015: Rassegna
  • 12 March 2015: Il Sole 24 Ore


Eurofound (2015), Prysmian, Closure in Italy, factsheet number 79128, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79128.