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
100 jobs Number of planned job creations
Announcement Date
7 October 2010
Employment effect (start)
Foreseen end date
Description
ABB, a subsidiary of ABB Group which is a leader in power and automation technologies, plans to create 100 new jobs with the enlargement of its Brno factory. Some CZK 150 million will be invested in this business expansion. As of October 2010, there is no information on when the jobs will be created. The plant will produce power distribution units for high voltage equipment and will export its products to most European markets and the Middle East.
The Swiss-Swedish company has been operating in the Czech Republic since 1991 and currently employs 2,800 people. The firm has subsidiaries in around 100 countries and employs about 117,000 people.
Sources
7 October 2010: Hospodárske noviny
Citation
Eurofound (2010), ABB, Business expansion in Czechia, factsheet number 71019, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71019.
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.
