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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.51 - Manufacture of electric domestic appliances
500 jobs Number of planned job creations
Announcement Date
12 May 2021
Employment effect (start)
12 May 2021
Foreseen end date
31 October 2021
Description
Kärcher, a German family-owned company that operates worldwide and is known for its high-pressure cleaners, floor care equipment, parts cleaning systems, wash water treatment, military decontamination equipment and window vacuum cleaners, announced the expansion of its plant in Curtea de Arges (Arges County). The company will create 500 new positions by October 2021.
The new jobs will be created following a €20 million investment into a new production facility.  The German group inaugurated the first plant in Curtea de Arges in 2016, following a €10 million investment.
Kärcher was founded in 1935 in Germany by inventor Alfred Kärcher. Kärcher is present in 70 countries, employs more than 13,000 workers, has 24 production and logistics points and has registered a global turnover of €2.7 billion in 2020.
Kärcher entered the Romanian market in 2008, and has more than 600 employees, seven Kärcher Center representatives, one Kärcher store, a national service network and national coverage through large chains of stores and authorised distributors.
Eurofound (2021), Kärcher, Business expansion in Romania, factsheet number 104769, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104769.
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.
