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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
250 jobs Number of planned job creations
Announcement Date
17 May 2022
Employment effect (start)
17 May 2022
Foreseen end date
31 December 2023
Description
The Czech automaker Škoda Auto has launched production of Modular Electric Drive (MEB) battery systems at Mladá Boleslav headquarters. Around 250 employees will be assembling more than 250,000 battery systems a year on the newly constructed production line. The company has invested around € 130 million.
Škoda Auto reveals plans to expand its MEB battery system assembly line in 2023 with an investment of € 57 million and to produce more than 380,000 battery systems a year in total. At this stage, the company will hire 180 new employees.
The Czech car manufacturer’s headquarters is the only production site in Europe outside Germany where MEB battery systems are manufactured.
Eurofound (2022), Škoda Auto, Business expansion in Czechia, factsheet number 106805, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106805.
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.
