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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.93 - Manufacture Of Wire Products, Chain And Springs
No information on job gains number available
Announcement Date
10 January 2017
Employment effect (start)
1 January 2017
Foreseen end date
Description
Ewes is a Swedish company that produces steel springs. It owns manufacturing units in different European countries and in Asia. In 2017, it decided to relocate its Serbian based production to its Swedish plant in Bredaryd. The relocation decision was mainly based on the willingness to improve the company flexibility and reduce the delivery time. Finally, the company implemented investments in the Swedish plant to automate the production process and improve the operational efficiency. Other reshoring motivations have been the improvement in flexibility and the reduction in delivery time.
Eurofound (2017), Ewes, Reshoring in Sweden, factsheet number 76, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76.
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.
