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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
120 jobs Number of planned job creations
Announcement Date
28 December 2006
Employment effect (start)
1 January 2009
Foreseen end date
Description
MWS Casting Company decided to invest in Slovakia. It will establish a new production unit in Hliník nad Hronom. Aluminium casting alloys will be produced and manufactured there. Up to 60 new jobs will be created in the production plant till the end of 2008. This figure will increase up to 120 in the next years. Aliminium elements will be delivered to companies operating in the automotive industry. The mother company is an important subcontractor for distinguished car producers Audi, Daimler, Porsche, BMW and Opel.
Sources
28 December 2006: Hospodárske noviny
Citation
Eurofound (2006), MWS Casting, Business expansion in Slovakia, factsheet number 64696, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64696.
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.
