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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering activities and related technical consultancy
The centre will give HR support – such as labour administration, payroll, recruitment, and training – and IT support for the Bosch units operating in five Central-Eastern European countries. Later, the range of services provided may expand. A new digital system will also be adopted to support the company’s employees to handle all HR-related administrative procedures.
The regional service centre is part of a comprehensive project of the Bosch group, initiated in 2019, to increase cooperation and enhance synergy between the subsidiaries. The investment cost is close to €19 million, one-third of which is covered by a non-refundable government subsidy.
Bosch operates nine subsidiaries in Hungary and has a total of 15,000 employees in the country.
12 April 2021: Hungarian Investment Promotion Agency (hipa.hu)
Citation
Eurofound (2021), Robert Bosch, Business expansion in Hungary, factsheet number 104612, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104612.
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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.
