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 retailer Papino Elettrodomestici announced the start of the collective dismissal procedures for 83 employees employed in some of the group's 32 sales points, of which 31 in Sicily and one in Benevento (Campania).
Dismissals will be particularly concentrated in the provinces of Catania, Messina and Ragusa.
The trade unions, aware of the difficult economic situation faced by the group, had been asking for the use of temporary shock absorber instruments. They deem the decision unexpected and argue they will call a joint examination procedure in order to avoid dismissals and safeguard personnel.
Eurofound (2019), Papino Elettrodomestici, Internal restructuring in Italy, factsheet number 98201, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98201.