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.
Retail Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles 45 - Wholesale and retail trade and repair of motor vehicles and motorcycles
400 jobs Number of planned job creations
Announcement Date
3 January 2006
Employment effect (start)
2 January 2006
Foreseen end date
Description
Prista oil has opened its first auto-centre outside Bulgaria, in the Romanian town Krajova. In 2004, the firm together with other partners started a programme to build auto service stations. From the start of the programme in the mid 2004, 45 stations were built in Bulgaria, and some 400 new jobs were created. Another 45 stations are planned to be built in 2006, where another 400 new jobs will be created, told Mr.Stamen Ignatovskli, responsible for the programme implementation at Prista oil. With this €2 million investment, the aim is to build up a chain of lube change service stations, where a high quality of the services and products are guaranteed, told the company. This network of centres is also intended to be developed in Romania and Hungary. Prista oil, established in 1993, produces more than 150 motor oil products in its factories and exports in more than 15 countries.
Sources
3 January 2006: Dnevnik
Citation
Eurofound (2006), Prista Oil, Business expansion in Bulgaria, factsheet number 62750, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62750.
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.
