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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35 - Electricity, Gas, Steam And Air Conditioning Supply
125 jobs Number of planned job creations
Announcement Date
12 February 2024
Employment effect (start)
12 February 2024
Foreseen end date
1 February 2029
Description
Irish renewable energy company, NRG Panel, is to create 125 new jobs in Ireland by 2029.
The Monaghan head-quartered renewables group currently employs 74 people and aims to double its level of business over the next three to five years.
The roles will be based across Ireland and they will be mostly highly skilled, according to NRG Panel.
The company installs solar panels, heat pumps, and electric vehicle chargers alongside other products to reduce carbon emissions. The expansion is supported by private equity firm Melior Equity Partners, which is backed by the European Investment Fund, the Irish Strategic Investment Fund, Bank of Ireland and AIB.
Eurofound (2024), NRG Panel, Business expansion in Ireland, factsheet number 200853, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200853.
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.
