Videocon, the Indian group which produces electronics, home appliances and colour picture tubes, is to close its plant located at Anagni (in province of Frosinone) with the loss of 1,350 jobs.
The trade unions have involved the national and the local authorities in order to avoid the job cuts. On 30 October, the company has announced the decision to stop the collective dismissal procedures. In the next months, the company and the trade unions will meet in order to find solutions aimed to maintain the production's activity at the Anagni plant. Videocon and around 22,000 employees worldwide.
As reported, Italy has applied for assistance from the European Globalisation Adjustment Fund (EGF).