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 Basic Metals 24.1 - Manufacture of basic iron and steel and of ferro-alloys
1,000 jobs Number of planned job creations
Announcement Date
16 December 2003
Employment effect (start)
Foreseen end date
Description
The negotiations have been successfully concluded with the environmental authorities, the green light has been given to the "Linz 2010" investment programme. Voestalpine will be spending around 2 billion euros on expanding the Linz site in two stages, making it into one of the leading steel centres for the European automotive industry. 1,000 new jobs will be created in Linz.
Voestalpine declared during the negotiations that they would accept additional environmental conditions. These will for example involve new, improved foundry shop dust removal installations for the three old blast furnaces and an additional secondary dust removal installation in the melting shop.
Sources
18 December 2003: Voestalpine - Press release
16 December 2003: Der Standard
4 April 2003: Voestalpine - Press release
Citation
Eurofound (2003), Voest, Business expansion in Austria, factsheet number 59462, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59462.
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.
