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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
In October 2008, the company was bought by Sani-Konzultant, a Moscow-based firm. The new owner's hope to turn the Hungarian facility into one of the major supplier of convectors for the Russian market vanished at the onset of the global downturn. Production stopped in February 2009 and the liquidation process was initiated in March. Although production resumed in the following months, it had to be stopped again due to continuing unfavourable market conditions. Selling the company failed in the liquidation process.
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.
