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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.14 - Manufacture of other taps and valves
200 jobs Number of planned job creations
Announcement Date
15 September 2016
Employment effect (start)
1 March 2017
Foreseen end date
Description
Supplier of fluid control, motion control and pneumatic systems ASCO Numatics, a subsidiary of Emerson, has announced that it will create 200 new jobs at its new plant in Åódź. ASCO is looking for highly qualified technical staff. The factory, which will be the biggest company’s facility in Europe, is expected to be operational in March 2017. ASCO plans to invest over PLN 30 million (EUR 6.97 million USD 7.77 million).
Currently, ASCO has sixteen plants worldwide, including seven in Europe. In Poland, ASCO has been operating since 1996.
Sources
15 September 2016: Portal Samorządowy
Citation
Eurofound (2016), ASCO Numatics, Business expansion in Poland, factsheet number 88621, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88621.
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.
