EMCC European Monitoring Centre on Change

Invensys

Company/Organisation:
Invensys

Geographic Location

Country: Italy
Region: Belluno; Veneto; Nord Est

Company

Sector: Information / communication
IT and other information services
62.01 - Computer programming activities
Number Employed: 166
Group: Invensys

Employment Effects

Announcement Date: 12-10-2012
Planned Job Reductions min: 166
Planned Job Reductions max: 166
Type of Restructuring: Offshoring/Delocalisation
Employment Effect Start: 01-08-2013
Foreseen End Date: 31-08-2013
Direct Dismissals: 166

Additional Information

Invensys, a global technology group operating with three business divisions (operations management, rail and controls), is to close its plant located in Belluno, with the consequent loss of 166 jobs.

According to reports, the production of electronic controls for household appliances will be moved to Croatia. The “mobility” procedure will start in August 2013, after the end of the Wage Guarantee Fund scheme. The regional government has criticized the decision and reminded the management of their obligation to protect the redundant workers.