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 (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
221 jobs Number of planned job creations
Announcement Date
7 May 2004
Employment effect (start)
Foreseen end date
Description
Sony extended the production of TV components in its subsidiary in Trnava in May 2004. The production was relocated from the Sony plant in Barcelona. 221 new jobs will be created in the Trnava unit, which plays an important role in Sony’s TV production business strategy for Central and Eastern Europe. Almost 95% of its 2003 production volume was exported. Some TV components are manufactured in Sony plants in the EU, USA and China.
Sources
7 May 2004: SME
Citation
Eurofound (2004), Sony Trnava, Business expansion in Slovakia, factsheet number 60382, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60382.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...