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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
100 jobs Number of planned job creations
Announcement Date
14 July 2005
Employment effect (start)
Foreseen end date
31 December 2006
Description
In July 2005, Japanese company Daikin Industries, global leader in the air conditioning systems industry, opened its new plant for the production of air conditioning for home in “Borská poleâ€, industrial area of Plzeň (Pilsen). It was reported that the project with investment reaching nearly 100 million USD created over 550 jobs and that overall 1,200 employees should have been working there by 2006. On 14 May 2007, the company announced a further expansion and the need to increase the current staff of 1,600 with at least 100 people.
Eurofound (2005), Daikin Industries Czech Republic, Business expansion in Czechia, factsheet number 61987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61987.
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.
