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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
500 jobs Number of planned job creations
Announcement Date
7 April 2006
Employment effect (start)
Foreseen end date
Description
Kronospan Holdings, incorporated in Cyprus two years ago, is planning construction of a third factory in Poland (in addition to the two large factories it already operates in Szczecinek and in Mielec). The 200 million euro factory will eventually employ over 500 people. Negotiations are now underway with local government bodies concerning the new plant's location. Talks have already been held with the authorities in Olsztyn and in Nidzica; Pasłęk not far from Elbląg (in Warmia and Mazury region), is also a possibility. The new factory will produce bitboard from lumber mill waste. Kronospan Holdings has manufacturing operations in 15 countries, with the largest numbers in Poland and in Germany.
Sources
7 April 2006: Rzeczpospolita
Citation
Eurofound (2006), Kronospan Holdings, Business expansion in Poland, factsheet number 63314, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63314.
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.
