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
200 jobs Number of planned job creations
Announcement Date
20 October 2007
Employment effect (start)
1 May 2008
Foreseen end date
Description
Pyeong Hwa Automotive Czech, a subsidiary of the South Korean car parts manufacturer Pyeong Hwa Automotive, has announced that it is to create 200 new jobs in ÄŒeský TěšÃn with the development of a new site. Doors for automobiles will be produced at the new site, and the site’s key customers are to be the Hyundai plant in NoÅ¡ovice and Kia plant in Slovakia. Production at the new plant is scheduled to commence in May 2008.
Sources
20 October 2007: Právo - Severní Morava (www.pravo.cz)
Citation
Eurofound (2007), Pyeong Hwa Automotive Czech, Business expansion in Czechia, factsheet number 65961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65961.
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.
