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 (28) Manufacture of machinery and equipment 28.1 - Manufacture of general-purpose machinery 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
570 jobs Number of planned job creations
Announcement Date
31 March 2014
Employment effect (start)
1 November 2014
Foreseen end date
Description
Johnson Controls expands its production of plastic components for cars in Namestovo, where almost 570 jobs are to be created.
According to the company, this investment of €7 million is to meet new orders from closely located customers Kia in Zilina and Hyundai in Nosovice, both in the Czech Republic.
In 2013, the ERM reported on both job reductions and creations at the company.
Sources
31 March 2014: Hospodárske noviny
Citation
Eurofound (2014), Johnson Controls, Business expansion in Slovakia, factsheet number 76821, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76821.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...