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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.5 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
155 jobs Number of planned job creations
Announcement Date
16 February 2006
Employment effect (start)
1 January 2007
Foreseen end date
31 January 2009
Description
Rübig, the Austrian company, planned to invest around SKK 1 billion in a new industrial park located in the central-south region, a region with an unemployment rate over the national level. Quick development of automotive industry in Slovakia attracted the Austrian company to invest there. According to the available announcements by the municipality's representatives, some eight investors plan to establish their subsidiaries there and to create jobs for around 1,500 employees.
According to the latest information, Rübig's investment will reach SKK 650 million. Different machinery tools will be produced in the new drop forge plant, in which the production is planned to start in the end of 2007. In total, some 155 new jobs will be created in the forging shop (spreading out to around 9,000 square meters) till the end of 2010.
After the completion of next two shops (the assembly shop and the tool shop), the total number of employees will increase to 450.
According to fresh information, the employment effect timeline will be shortened to January 2009, instead of originally announced end of 2010.
Sources
14 May 2008: Hospodárske noviny
2 October 2006: Hospodárske noviny
16 February 2006: Hospodárske noviny
Citation
Eurofound (2006), Rubig, Business expansion in Slovakia, factsheet number 62984, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62984.
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.
