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
70 jobs Number of planned job creations
Announcement Date
7 March 2007
Employment effect (start)
7 March 2007
Foreseen end date
1 January 2008
Description
AILE Grupa, the manufacturer of glass decks, windows and aluminium doors is planning to open a new manufacturing unit in Daugavpils (Latgale). The local government of Daugavpils has leased for the company 11,120 square meters of land for 12 years. UPB, the holding company and owner of AILE Group plans to invest 4.2 million Euros in the first round of construction of the new unit. The company will hire 70 employees in the new unit. Currently the enterprise employ approximately 400 employees in all its manufacturing units.
Sources
7 March 2007: Dienas Bizness
Citation
Eurofound (2007), AILE Grupa, Business expansion in Latvia, factsheet number 65033, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65033.
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.
