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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.61 - Treatment And Coating Of Metals
250 jobs Number of planned job creations
Announcement Date
6 January 2024
Employment effect (start)
6 January 2024
Foreseen end date
Description
AJU Poland, the local representative of Korean steel processing company AJU Steel, will soon open a new factory in Bytyń, where it will employ 250 people, with 100 planned to be hired by the end of 2024. Construction of the coated steel products factory started in June 2023.The investment is being made as part of the Polish Investment Zone Wielkopolska, in the Kostrzyn-Słubice Special Economic Zone. It will be the company's fourth production plant worldwide. The aim of its establishment is to shorten supply chains. The first employees hired have already been sent to South Korea for training. AJU Steel is a South Korean company founded in 1995 and is involved in the production of steel products. It has production facilities in South Korea, China and Mexico.
Eurofound (2024), AJU Poland, Business expansion in Poland, factsheet number 200683, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200683.
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.
