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 29.3 - Manufacture Of Parts And Accessories For Motor Vehicles
100 jobs Number of planned job creations
Announcement Date
16 January 2024
Employment effect (start)
16 January 2024
Foreseen end date
31 December 2025
Description
TitanX, a company producing radiators for trucks and buses, will employ an additional 100 people at its new plant in Opole.
The factory in Opole is expected to contribute to increased sales in Europe and could provide an opportunity for TataAutoComp, the Indian conglomerate that owns TitanX, to expand its operations in this part of the continent in the future. The factory opened on 16 January 2024, and employment is expected to increase to 250 people over the next two years (up from the current 150 employees). Production workers, including operators and specialists, will be employed.
TitanX Engine Cooling is a global supplier of powertrain cooling solutions to commercial vehicles, both for OEMs and the independent aftermarket.
Eurofound (2024), TitanX Engine Cooling, Business expansion in Poland, factsheet number 200695, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200695.
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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.
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