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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Information And Communication Equipment In Specialised Stores 47.4 - Retail sale of information and communication equipment in specialised stores
100 jobs Number of planned job creations
Announcement Date
12 September 2012
Employment effect (start)
1 October 2012
Foreseen end date
31 December 2012
Description
Germanos Group of Companies and Wind Hellas, both active in the telecommunication sector, announced a long term cooperation and 100 new job positions are to be created.
They announced a cooperation agreement that will last 15 years and provide the exclusive sale of Wind products and services through Public and Multirama stores owned by Germanos, the exchange of know-how between the networks of the two companies and the issue of new shares. Until 2016, Germanos who has already sold its retail chain to another telecommunications company, Cosmote, will acquire a 10% stake in Wind.
Following this agreement the Germanos management announced the creation of 100 new jobs.
Sources
13 September 2012: Ta nea
12 September 2012: Kathimerini
Citation
Eurofound (2012), Germanos Group & Wind Hellas, Business expansion in Greece, factsheet number 74294, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74294.
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.
