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.
Matild Palace, originally built at the very beginning of the 20th century, was sold by the local government to the Özyer Group in 2014. The firm renovated the building into a luxury hotel which is to be opened in the fourth quarter in 2020.
While the coronavirus crisis had a dramatic impact on the Hungarian hotel sector, the preparations for the opening of the new hotel are going ahead unabated.
Eurofound (2020), Melis Investment, Business expansion in Hungary, factsheet number 101504, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101504.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
