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 29.32 - Manufacture of other parts and accessories for motor vehicles
550 jobs Number of planned job creations
Announcement Date
2 August 2012
Employment effect (start)
Foreseen end date
1 April 2013
Description
The Romanian division of Continental Automotive, manufacturer of vehicle components, announced plans to hire 550 employees by April 2013. The job creation is the result of an investment in a new factory located at Ghimbav, near Brasov.
At present the Continental group employs 10,500 people across Romania in seven production units and three research and development centres.
Sources
3 August 2012: Ziarul Financiar
Citation
Eurofound (2012), Continental Automotive Romania, Business expansion in Romania, factsheet number 73964, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73964.
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.
