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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17 - Manufacture of paper and paper products
100 jobs Number of planned job losses
Announcement Date
30 October 2012
Employment effect (start)
30 April 2013
Foreseen end date
Description
The paper mill W. Hamburger announced the closure of its production site in Frohnleiten on 30 April 2013, making all 100 employees redundant.
The reason for the closure is over capacities on the European paper market and increased international competition. Over the last 15 months, losses have been made. The factory, which is close to Graz, produces recycled corrugated base papers and was taken over by the German Hamburger group in February 2010.
The employees will be offered a social plan within a re-employment scheme.
Sources
30 October 2012: Die Presse
30 October 2012: Der Standard
Citation
Eurofound (2012), W.Hamburger, Closure in Austria, factsheet number 74400, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74400.
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.
