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
350 jobs Number of planned job creations
Announcement Date
1 May 2005
Employment effect (start)
1 May 2005
Foreseen end date
Description
The automotive parts manufacturer Bakony Művek built a new plant in Hajdunanas (eastern Hungary) in a greenfield investment. In the longer term, the latter is planned to become the centre of white goods parts manufacturing, while the Veszprem factory will focus on car parts. 215 employees started working in the new factory building in May 2005. This number is to rise to 350 after the second phase. The factory manufactures parts for refrigerators for Electrolux. In the first year, parts for 300,000 refrigerators are to be made, with the number rising to 1 million by 2007.
Eurofound (2005), Bakony Művek, Business expansion in Hungary, factsheet number 61511, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61511.
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.
