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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
100 jobs Number of planned job creations
Announcement Date
16 November 2005
Employment effect (start)
16 November 2005
Foreseen end date
Description
On 16 November 2005, the Japanese company Sol-Plus opened a plastics injection factory in Timişoara (Timiş county, Vest region) following an investment of €1.5 million. The new production unit will initially provide 100 jobs.
This is the company’ second investment in Romania. The first was a plastics manufacturing factory in Bucharest, which required funds amounting to €76 million.
Sources
16 November 2005: Ziarul Financiar
Citation
Eurofound (2005), Sol-Plus, Business expansion in Romania, factsheet number 62685, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62685.
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.
