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.
Transportation / Storage 49 - Land transport and transport via pipelines 49.3 - Other passenger land transport 49.31 - Scheduled passenger transport by road
108 jobs Number of planned job losses
Announcement Date
18 July 2026
Employment effect (start)
30 September 2026
Foreseen end date
Description
Amaco, an Italian public transport operator, announced that 108 employees of its municipalised transport unit in Cosenza will be directly dismissed as part of its judicial liquidation. The company is set to cease operations after the provisional exercise concludes on 30 September 2026, with assets slated for auction from its headquarters at Contrada Torrevecchia. The closure follows failed attempts by Consorzio Autolinee to acquire Amaco and a €2.1 million offer that was rejected, leaving the municipal transport service in transition.
Trade unions have opposed the employment losses and called for institutional intervention to safeguard jobs and ensure continuity of public transport services.
Citation
Eurofound (2026), Amaco, Closure in Italy, factsheet number 300790, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300790.
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