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
300 jobs Number of planned job creations
Announcement Date
4 May 2006
Employment effect (start)
1 March 2007
Foreseen end date
Description
The German company Haas Invest announced the intention to start building in July, this summer, a new wood and wooden products and PVC profiles manufacturing plant, in the locality Sanpaul, county Mures. The investment is estimated at EUR 25 million. The company purchased so far 34 ha of land from the people living in the area. The investment will be finalised at the end of 2006 and in spring next year will start to produce. The project will generate 300 new jobs.
Hass Invest was set up on June 2005, as part of the German group Haas, manufacturer of materials and intermediate products for constructions and industrial buildings.
Eurofound (2006), Haas Invest, Business expansion in Romania, factsheet number 63442, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63442.
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.
