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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
177 jobs Number of planned job creations
Announcement Date
12 September 2005
Employment effect (start)
12 September 2005
Foreseen end date
1 January 2007
Description
The Romanian-Dutch company Integrated Systems Development Corporation, ISDC, an ICT service provider, will invest around €2 million to set up a development centre in Cluj (Nord-Vest region, Cluj county). Works on the centre are set to start at the end of 2005 and will be finalised in early 2007.
The building will extend over a 6,000 square metre area and facilities will include a parking lot, canteen, fitness centre and sauna for employees. The building will accommodate a maximum of 750 employees.
ISDC Romania, established in 1999, is a provider of business services, specialising in the modernization, development, implementation and maintenance of customer oriented software applications for large and medium-sized companies.
The number of ISDC employees in Romania has grown from 25 in 2001 to 73 currently, while in the Netherlands company personnel has dropped from 100 to 40. ‘By 2007, the estimated number of local employees will be over 250’, declared Marcel Anghel, director of ISDC Romania. He added that this in 2005 the company will be investing around 75,000 euro in training programmes for company employees and students in the IT Department of Cluj University.
Sources
12 September 2005: Ziarul Financiar
Citation
Eurofound (2005), ISDC, Business expansion in Romania, factsheet number 62304, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62304.
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.
