Type
Bankruptcy
Country
Italy
Region
Location of affected unit(s)
Belfiore (Verona), Bellona (Caserta), Monticelli d’Ongina (Piacenza), Pontenure (Piacenza), Tortoreto (Teramo).
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41.20 - Construction of residential and non-residential buildings

300 jobs
Number of planned job losses
Job loss
Announcement Date
27 August 2015
Employment effect (start)
Foreseen end date
30 August 2017

Description

RDB, an historical manufacturer of prefabricated buildings, is to dismiss about 300 workers at its plants in Belfiore (Verona), Bellona (Caserta), Monticelli d’Ongina (Piacenza), Tortoreto (Teramo) and the Pontenure headquarters (Piacenza).

Following a long period of crisis, entailing a gradual reduction of the workforce (see also RDBIT-2011), the company has been declared bankrupt last February by the Tribunal of Piacenza. Meetings aimed at selling the company continued and eventually came to an end in August 2015 with the acquisition by competitor Italprefabbricati.

The investor also reached an agreement with unions. As per agreement, about 70 RDB workers currently under short-time working scheme will be hired over the next weeks. The remaining 300 workers will be dismissed but Italprefabbricati assured that a significant share thereof (about 200) should be hired over the next 24 months.


Sources

  • 13 January 2015: Piacenza Sera
  • 14 February 2015: Il Fatto Quotidiano
  • 26 August 2015: Il Centro
  • 28 August 2015: CityRumors.it

Citation

Eurofound (2015), RDB, Bankruptcy in Italy, factsheet number 91346, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91346.