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.
Electricity producer Tirreno Power is to dismiss 186 workers in Vado Ligure, Civitavecchia, Rome and Naples.
The coal power station in Vado Ligure was placed under seizure in March 2014 by the Tribunal of Savona, which opened an investigation for alleged manslaughter and environmental disaster due to polluting emissions. The production of electricity from coal has been subsequently discontinued, with only gas units still operating.
Back in 2014, the management and the unions agreed 100 voluntary exits and the recourse to the the Wages Guarantee Fund for about 150 workers (see Tirreno PowerIT-2014), which is due to expire in October 2016.
A number of meetings have been held at the Ministry of Economic Development to find alternative solutions, but the company has started a collective dismissal procedure for 186 workers. The management does not intend to postpone the planned job cuts any further also due the crisis in the energy market.
Most of the dismissals are to affect mainly the coal power station in Vado Ligure. However job cuts are also foreseen at the power stations in Naples and Civitavecchia as well as the office in Rome.
Workers are issuing protests and blockades, demanding a withdrawal of the redundancies and a prorogation of social shock absorbers. Unions and government representatives will meet the management of Tirreno Power again on 20 September.
Update, 5 December 2016: An agreement was reached entailing the activation of social shock absorbers for the next 12 months. During this period, the company and public authorities will promote outplacement initiatives targeting the redundant workers. At the same time, the company will provide incentives to those opting for voluntary dismissal.
Eurofound (2016), Tirreno Power, Closure in Italy, factsheet number 88598, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88598.
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