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 Scientific Research And Development 72.11 - Research and experimental development on biotechnology
150 jobs Number of planned job creations
Announcement Date
18 May 2021
Employment effect (start)
18 May 2021
Foreseen end date
31 December 2021
Description
Amyris Bio Products Portugal, a Portuguese subsidisry of Amyris Bio Product of US, will invest around €10 million and create a cosmetics production plant in Portugal. This investment will create between 150 to 200 new jobs.
After the development of a partnership with the Biotechnology School of the Catholic University to study and develop by-products and waste resulting from fermentation process, the group managed to create the first silica in the world from sugar cane ashes and together the entities want to develop a technology hub of international reference. Part of the output will be exported to other European markets.
Eurofound (2021), Amyris Bio Products Portugal, Business expansion in Portugal, factsheet number 104938, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104938.
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.
