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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35 - Electricity, gas, steam and air conditioning supply
160 jobs Number of planned job creations
Announcement Date
2 July 2010
Employment effect (start)
1 January 2011
Foreseen end date
Description
Baltic Solar Energy, a company engaged in solar energy production, has launched a project which will lead to the creation of 160 new jobs in Vilnius in 2011. Five high-tech companies (Intersurgical, Sicor Biotech, Baltic Solar Solutions, ViaSolis, and Baltic Solar Energy) will lead a joint development project whereby a research and development centre for the solar power and digital optical storage technologies is to be set up. The research centre is to be open in Visoriai Information Technology Park at the beginning of 2011.
Sources
2 July 2010: Verslo zinios
Citation
Eurofound (2010), Baltic Solar Energy, Business expansion in Lithuania, factsheet number 71110, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71110.
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.
