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
100 jobs Number of planned job creations
Announcement Date
14 April 2015
Employment effect (start)
14 April 2015
Foreseen end date
Description
Inteva Products Salonta, a subsidiary of the American group Inteva Products, announced the creation of more than 100 jobs at its new factory in Oradea. The activity is expected to start in June 2015, involving about 200 employees. So far there is no information on when all positions are expected to be filled.
Oradea hosts another factory of Inteva Products Salonta. Sources state that almost 300 people are working in the factory in Salonta (Bihor County). According to the Ministry of Public Finance, the company had an average number of 380 employees last year.
Inteva Products, American car parts manufacturer, is doubling its production capacity in Romania, as part of a plan to expand the company's global operations, which includes the construction of new plants in China and moving its Wuppertal technical centre to Germany.
Sources
14 April 2015: Adevarul
15 April 2015: Ziarul Financiar
20 April 2015: Hotnews.ro
15 April 2015: Bursa
Citation
Eurofound (2015), Inteva Products Salonta, Business expansion in Romania, factsheet number 83833, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83833.
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.
