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.
Information / Communication Information Service Activities Information Service Activities 63 - Information service activities
100 jobs Number of planned job creations
Announcement Date
10 April 2008
Employment effect (start)
Foreseen end date
Description
InsData, an IT company, has announced that it is to create 100 new jobs by expanding its business in Slovakia. The company currently employs 115 highly qualified IT specialists. As of April 2008, there is no information on when the new jobs will eb created by.
InsData is the daughter company of AustrianUniqa insurance company for which it has been providing services during more than 12 years. Uniqa Group Austria is one of the foreign companies which delocalised part of its operations to Slovakia. InsData provides, within the framework of “Cross Boarder Service” project, administration of insurance contracts for eight Uniqa insurance houses operating in the Central and South East Europe. According to the President of the Uniqa Board, Konstantin Klein, Available qualified work force and lower labour cost in Nitra, which is not far from Vienna, were the most relevant factors for the implementation of this project.
Sources
10 April 2008: Hospodárske noviny
Citation
Eurofound (2008), InsData, Business expansion in Slovakia, factsheet number 66511, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66511.
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.
