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 29.3 - Manufacture of parts and accessories for motor vehicles
200 jobs Number of planned job creations
Announcement Date
23 March 2016
Employment effect (start)
Foreseen end date
31 December 2016
Description
Yanfeng Czechia Automotive Interior Systems (previously JC Interiors Czechia) is to expand its car parts production and to create 200 new jobs by the end of 2016 with an investment of CZK 1.3 billion (EUR 48 million)
Sino-American company has been operating in the Triangle industrial zone near the city of Žatec since 2011. The firm employs 1,300 staff and produces plastic dashboard, door panels and other plastic parts for car interiors.
Yanfeng Automotive Interiors, headquartered in Shanghai, has more than 90 manufacturing sites in 17 countries and employs over 28,000 people globally.
Sources
23 March 2016: Hospodárske noviny
Citation
Eurofound (2016), Yanfeng Czechia Automotive Interior Systems, Business expansion in Czechia, factsheet number 86843, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86843.
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.
