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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Food, Beverages And Tobacco In Specialised Stores 47.2 - Retail sale of food, beverages and tobacco in specialised stores
2,224 jobs Number of planned job creations
Announcement Date
7 March 2007
Employment effect (start)
8 March 2007
Foreseen end date
31 December 2008
Description
In February 2008, MAXIMA Eesti, a retailer of food, beverages and tobacco, opened a new supermarket in Narva creating about 160 jobs. The company announced that by the end of the year the total number of employees may reach 3724 as a result of opening 15-20 new stores. Its long term intention is to own 100-120 stores by 2011. By January 2008, the company was already employing 2124 people all over Estonia. Previously in March 2007, this subsidiary of the Lithuanian retail operator MAXIMA LT, opened a new supermarket in Tartu with 150 new employees and at that time announced it was planning to open ten smaller shops before the end of 2007. At that stage MAXIMA Eesti was already employing about 1300 people in its stores all over Estonia
Sources
7 March 2007: Eesti Päevaleht
20 December 2007: Eesti Päevaleht
Citation
Eurofound (2007), Maxima Eesti, Business expansion in Estonia, factsheet number 65065, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65065.
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.
